NV5 Awarded $12M In Federal Defense and Intelligence Geospatial Contracts
Portfolio Pulse from Benzinga Newsdesk
NV5 Global, Inc. (NASDAQ:NVEE) has been awarded $12 million in geospatial contracts in the defense, intelligence, and federal civilian market space. The contracts involve six branches of the U.S. Department of Defense and address national security concerns both internationally and domestically.
May 23, 2024 | 12:03 pm
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NV5 Global, Inc. has secured $12 million in geospatial contracts with the U.S. Department of Defense, which is likely to positively impact its revenue and market position in the defense and intelligence sectors.
The $12 million contracts with the U.S. Department of Defense will likely enhance NV5's revenue streams and strengthen its market position in the defense and intelligence sectors. This positive development is expected to boost investor confidence and potentially drive the stock price up in the short term.
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