Sysco awarded $388.37M Defense Logistics Agency contract

Sysco (SYY) has been awarded a maximum $388.37M firm-fixed-price with economic-price-adjustment, indefinite-delivery/indefinite-quantity contract for full-line food and beverage items. This was a sole-source acquisition using justification 10 U.S. Code 3204, as stated in Federal Acquisition Regulation 6.302-1. This is a 518-day bridge contract. The ordering period end date is Feb. 20, 2027. Using military service is Navy. Type of appropriation is fiscal 2025 through 2027 defense working capital funds. The contracting activity is the Defense Logistics Agency Troop Support.