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0.0629341191328142 0.0313618185645129 0.0517785729320145 0.0576720690380974 0.0521995369395919 0.0417796253420333 0.0417806777520524 0.0489370658808673
Stock impact report

ENGlobal Awarded Two Fuel Systems Upgrade Projects Totaling $6 Million-Plus

ENGlobal Corporation (ENG) 
US:NASDAQ Investor Relations: englobal.com
Company Research Source: GlobeNewswire
Houston, Dec. 20, 2019 (GLOBE NEWSWIRE) -- ENGlobal (NASDAQ: ENG), a leading provider of engineered modular solutions, today announced that its wholly-owned subsidiary, ENGlobal Government Services, Inc. (EGS), has won two task orders from the Defense Logistics Agency (DLA). These assignments, which are expected to produce more than $6 million in revenue, arise from ENGlobal’s position as one of three prime contractors under the DLA’s $124 million, five-year Automated Fuel Handling Equipment (AFHE) multiple-award contract. EGS’ work on these task orders, which will be carried out over the next year, will include technology upgrades and refreshes of existing AFHE systems at two U.S. military bases. Today’s announcement follows one made by ENGlobal on November 25, 2019 detailing the company’s receipt of an $11.5 million contract from the DLA for the maintenance of the military’s Automated Fuel Handling Equipment worldwide. Including today’s award, ENGlobal's total backlog, which rep Show less Read more
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