EchoStar (SATS) Receives $2.7B IDIQ Contract From U.S. Navy

Published on 20 May 2024 on Zacks via Yahoo Finance

EchoStar (SATS) Receives $2.7B IDIQ Contract From U.S. Navy

EchoStar Corporation SATS announced that it has received an indefinite delivery, indefinite quantity (IDIQ) contract from the U.S. Naval Supply Systems Command Spiral 4 wireless products and services purchasing program.

EchoStar's subsidiaries, Hughes Network Systems and Boost Mobile will provide 5G wireless services and devices to support the Department of Defense (DoD) across all 50 states and U.S. territories and for international travel on temporary duty.

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