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Fedex wins $2.35 billion U.S. defense contract: Pentagon

Reuters
A FedEx delivery truck is pictured in Pasadena, California U.S., March 21, 2017. REUTERS/Mario Anzuoni

WASHINGTON (Reuters) - Federal Express Corp (NYSE:FDX - News) was awarded a five-year $2.35 billion contract, the Pentagon said on Wednesday.

The indefinite-delivery/indefinite-quantity, fixed-price next generation delivery service contract provides express small package delivery services for international shipments and express and ground small package delivery services for domestic shipments, the Pentagon said in a statement.

(Reporting by Eric Walsh; Editing by Eric Beech)