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Benzinga
Benzinga
Business
Akanksha Bakshi

NV5 Secures $8M In Federal, State Geospatial Projects

NV5 NVEE Nasdaq NV5 Global Inc Kentucky Wisconsin
  • NV5 Global Inc (NASDAQ:NVEE) has secured $8 million in recent contracts to provide geospatial data acquisition and data analytics services to support infrastructure, utility, and natural resource assets for public sector clients.
  • NV5 was awarded two contracts totaling more than $4 million to support the U.S. Geological Survey's 3D Elevation Program in Kentucky and Wisconsin.
  • The U.S. Army Corps of Engineers selected NV5 for a $2 million task order to support the U.S. Army Reserve's Installation Geospatial Information Services program (IGI&S).
  • NV5 has secured a $2 million task order to support a federally owned electric utility's ongoing right-of-way program.
  • Price Action: NVEE shares are trading lower by 1.44% at $111.88 on the last check Tuesday.
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