Pitney Bowes Wins $7.4M U.S. Navy Package Distribution Contract
Portfolio Pulse from Benzinga Newsdesk
Pitney Bowes (PBI) has been awarded a $7.4 million contract by the U.S. Navy for package distribution services.
May 31, 2023 | 1:05 pm
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Pitney Bowes (PBI) wins a $7.4 million U.S. Navy contract for package distribution, potentially boosting its revenue.
Pitney Bowes has secured a $7.4 million contract with the U.S. Navy for package distribution services. This contract directly impacts PBI's revenue and strengthens its partnership with the U.S. government. The news is likely to have a positive short-term impact on PBI's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100