Stocks in play: Airboss of America Corp.
Today announced that AirBoss Defense, the defense products line of its Engineered Products segment, has been awarded an indefinite delivery/indefinite quantity contract from the U.S. Department of Defense for the manufacture and sale of up to 600,000 pairs of Molded CBRN Lightweight Overboots. The contract is expected to be worth up to an aggregate amount of $26.7 Million U.S. To date, AirBoss Defense has received one order under the contract for 84,800 pairs of MALOs, worth approximately $3.8 million U.S. The delivery period for this initial order is anticipated to be from Q2 2020 through Q3 2020. Airboss of America Corp. shares T.BOS are trading up $0.18 at $7.80.