- American Water Works Company Inc’s (NYSE:AWK) Military Services Group has secured a contract for the ownership, operation, maintenance, and replacement of the wastewater utility system assets at Naval Station Mayport in Jacksonville, Florida.
- The contract value awarded is ~$341 million over a 50-year period.
- “American Water is honored to be awarded our first Navy contract,” said CEO Susan Hardwick.
- AWK was selected for the NS Mayport wastewater UP contract by the Defense Logistics Agency (DLA), which operates as a contracting agency for the Department of Defense.
- AWK’s Military Services Group expands footprint to 18 installations.
- NS Mayport is home to a daily population of over 32,000 sailors, families, civilians, and the Navy’s 4th Fleet.
- Price Action: AWK shares are trading higher by 2.61% at $152.65 on the last check Friday.
KKR Sells $560M Industrial Assets To Focus On Logistic Assets In Growth Markets
KKR & Co Inc (NYSE: KKR) disclosed the sale of over 5 million square feet of industrial warehouse and distribution assets
