Verizon Business's 10-Yr $176M Contract Renewed By Department Of Homeland Security
Portfolio Pulse from Benzinga Newsdesk
Verizon Business has secured a 10-year, $176 million contract renewal with the Department of Homeland Security.
August 06, 2024 | 12:33 pm
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POSITIVE IMPACT
Verizon Business has secured a 10-year, $176 million contract renewal with the Department of Homeland Security, which is likely to positively impact its revenue stream.
The renewal of a significant contract with the Department of Homeland Security ensures a steady revenue stream for Verizon Business over the next decade, which is likely to positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100