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0.0197740112994351 0.0197740112994351 0.0197740112994351 0.0338983050847458 0.0522598870056497 0.0522598870056497 0.0522598870056497 0.0522598870056497
Stock impact report

Gulf Island Awarded Government Services Contract

Gulf Island Fabrication, Inc. (GIFI) 
US:NASDAQ Investor Relations: ir.gulfisland.com
Company Research Source: GlobeNewswire
THE WOODLANDS, Texas, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) (“Gulf Island” or the “Company”), a leading steel fabricator and service provider to the industrial, energy and government sectors, today announced that its Englobal government services business has been awarded a task order from the U.S. Defense Logistics Agency (the “DLA”) to upgrade and install an automated fuel handling system at the Fleet Logistics Center in Yokosuka (Yokose), Japan. The task order is fixed-price with an estimated value in excess of $7.0 million and will be included in the Company’s new awards and backlog in the third quarter 2025. Work under the task order is scheduled to begin in September 2025 with completion anticipated in the first quarter 2028. The task order is part of a broader “indefinite-delivery, indefinite-quantity” contract for automated fuel system installation, which enables the DLA to issue task orders for similar fuel system upgrades at variou Show less Read more
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