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DLH Holdings (DLHC) has provided an announcement.
DLH Holdings Corp. is currently operating as the prime contractor for the Department of Veterans Affairs’ CMOP locations, but faces changes as the VA has decided to award the Chelmsford CMOP Staffing Services to another service-disabled veteran-owned small business (SDVOSB), not associated with DLH. This award, which is less than 3% of DLH’s consolidated revenue, is part of a larger procurement process involving eight separate bids. The company’s future involvement hinges on the outcomes of the ongoing evaluations of the remaining procurements, with the potential impact detailed in forward-looking statements subject to various risks and uncertainties.
Find detailed analytics on DLHC stock on TipRanks’ Stock Analysis page.