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Stock impact report

ENGlobal Wins Prime Spot on $124 Million Automated Fuels Handling Contract

ENGlobal Corporation (ENG) 
US:NASDAQ Investor Relations: englobal.com
Company Research Source: GlobeNewswire
Houston, June 13, 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 one of three prime contractor spots on a U.S. Military $124 million Automated Fuel Handling Equipment multiple-award, indefinite-delivery, indefinite-quantity contract. As part of its participation in this contract, EGS will compete for task orders to support the Defense Logistics Agency’s Automated Fuel Handling Program, which provides the fuel monitoring and control systems capabilities that strengthen the mission of all military services. These task orders will include technology upgrades and refreshes of existing systems, new system design and installation, and life cycle maintenance of new and existing systems. This contract has a five-year period of performance, and its work will be conducted around the world. It follows a previous five year U.S. Military con Show less Read more
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