- 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.
Progressive Reports July 2023 Results; EPS $1.02 Vs $1.17 YoY; Net income $604.4M Vs $688.8 YoY
The Progressive Corporation (NYSE:PGR) today reported the following results for July 2023:
July
(millions, except per share amounts and ratios; unaudited)
2023
2022
Change
Net
