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Largo Secures US$60.1 Million Delivery Order from the U.S. Department of War Under Five-Year U.S. Defense Logistics Agency Contract

Infrastructure & DefenseCompany Fundamentals
Largo Secures US$60.1 Million Delivery Order from the U.S. Department of War Under Five-Year U.S. Defense Logistics Agency Contract

$60.1 million firm-fixed-price delivery order was awarded to Largo under its recently secured five-year U.S. Defense Logistics Agency contract. The announcement is a positive contract win but, based on the limited details provided, is unlikely to materially move broader markets.

Analysis

$60.1 million firm-fixed-price delivery order was awarded to Largo under its recently secured five-year U.S. Defense Logistics Agency contract. The announcement is a positive contract win but, based on the limited details provided, is unlikely to materially move broader markets.

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