CPS Technologies Awarded $1M Navy SBIR Phase II Contract
Portfolio Pulse from Benzinga Newsdesk
CPS Technologies has been awarded a $1 million Navy SBIR Phase II contract. This contract is expected to enhance the company's capabilities and potentially lead to further government contracts.
June 25, 2024 | 8:03 pm
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CPS Technologies has secured a $1 million Navy SBIR Phase II contract, which is likely to enhance its capabilities and open doors for future government contracts.
The $1 million Navy SBIR Phase II contract is a significant win for CPS Technologies, likely to boost its capabilities and increase its chances of securing more government contracts in the future. This positive development is expected to have a favorable impact on the company's stock price in the short term.
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