MAXR - Maxar bags U.S. Army contract worth $48.3M

Maxar Technologies (MAXR) +3.5% premarket, has won a U.S. Army contract worth as much as $48.3M for support services in geospatial intelligence (GEOINT). The U.S. Army Combat Capabilities Development Command C5ISR Center, Intelligence & Information Warfare Directorate has awarded Maxar the Small Business Innovation Research ((SBIR)) Phase III contract in support of Army operations and intelligence to include Combatant Commands and other government stakeholders. The Phase III contract includes two base and three option years. Work under the initial contract will be performed through March 4, 2023.

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Maxar bags U.S. Army contract worth $48.3M