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Benzinga
Benzinga
Business
Akanksha Bakshi

SNC-Lavalin Wins Second Consecutive Contract As ITS Communications General Consultant For FDOT

SNC TSX Florida Department of Transportation
  • SNC-Lavalin Group Inc (TSX:SNC) (OTC:SNCAF) has been selected for a second term as the statewide Intelligent Transportation Systems (ITS) Communications General Consultant for the Florida Department of Transportation (FDOT).
  • SNC has provided this service for the FDOT Central Office Traffic Engineering and Operations Office since 2017.
  • Under the five-year, $22 million contract, with a $25 million budget ceiling, the team will continue offering engineering, operations, and maintenance services for the statewide network of 113 microwave towers, tower shelters, generators, land mobile radio systems, and fiber-optic network. 
  • Price Action: SNC shares are trading higher by 0.64% at C$28.14 on TSX on the last check Wednesday.
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