ASGN Pockets $138M US Postal Service AGT Contract
Portfolio Pulse from Akanksha Bakshi
ASGN Inc's federal government segment, ECS, has secured a seven-year recompete contract worth $138 million to support the USPS Addressing and Geospatial Technologies (AGT) Professional Support Services program. The AGT program uses mapping technology for visualization, analytics, and other services throughout the USPS.
May 30, 2023 | 12:55 pm
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ASGN's ECS division has won a $138 million, seven-year recompete contract to support the USPS AGT Professional Support Services program, potentially boosting the company's revenue.
ASGN's ECS division securing a $138 million, seven-year recompete contract with the USPS AGT program directly impacts the company's revenue stream. This contract win is significant for ASGN, as it demonstrates the company's ability to secure large, long-term contracts with government entities. The news is likely to have a positive impact on ASGN's stock price in the short term.
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