Johnson Controls (JCI) was awarded a $155.98M firm-fixed-price, indefinite-delivery/indefinite-quantity contract for 350-ton high efficiency super capacity air conditioning chiller plants, backfit kits, auxiliary components, and related materials. This contract includes an option which, if exercised, would bring the cumulative value of this contract to $197.23M. Work is expected to be completed by September 2028. Naval Surface Warfare Center is the contracting activity.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JCI:
- Johnson Controls raises quarterly dividend to 40c from 37c per share
- Johnson Controls price target raised to $125 from $115 at Morgan Stanley
- Johnson Controls: A Compelling Investment Opportunity with Promising Outlook and Strong Financial Performance
- Unusually active option classes on open August 15th
- Johnson Controls Announces $5 Billion Share Buyback