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Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) (the "Company") today announced it has been awarded two new contracts totaling more than $8 million within its Services Segment. These projects are expected to start in the third quarter of 2023.
Mark Duff, President and CEO of the Company, commented, "I am pleased to announce that Perma-Fix has been selected for two new contract awards that we believe will further expand our backlog within the Services Segment. These awards include a task order project from the US Army Corps of Engineers (USACE) in support of the Facilities Reduction Program, along with an award as a team subcontractor in support of a project at Los Alamos National Laboratory for U.S. Department of Energy (DOE). Both of these awards leverage our core competencies regarding characterization, remediation and disposition of hazardous materials and waste management. The combined value of these awards is estimated to be over $8 million over the next few years, but front end loaded over the next 18 months, with opportunities for expansion."
Posted In: PESI
