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MATX - Matson secures $72.45M contract modification from U.S. Transportation Command
Matson Inc.
Matson (MATX) subsidiary Matson Navigation has been awarded a contract modification in the amount of ~$72.45M, for continued international ocean and intermodal distribution services.The option period of performance is from Dec. 1, 2020, to Aug. 31, 2021.This modification increases the total cumulative face value of the contract from ~$71.22M to ~$143.66M.