US Foods (USFD) has been awarded a maximum $340.77M firm-fixed-price with economic-price-adjustment, indefinite-delivery/indefinite-quantity contract for full-line food and beverage items. This was a competitive acquisition with two responses received. This is a five-year contract with no option periods. The ordering period end date is Sept. 21, 2030. Using military services are Army, Navy, Air Force, and Marine Corps. Type of appropriation is fiscal 2025 through 2030 defense working capital funds. The contracting activity is the Defense Logistics Agency Troop Support.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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 USFD:
- US Foods enters into information sharing arrangement with Performance Food Group
- Oracle surges on cloud outlook, Novo to cut 9,000 jobs: Morning Buzz
- US Foods backs FY25 adjusted diluted EPS growth of 19.5%-23%
- US Foods backs 2025-2027 long-range plan growth algorithm
- US Foods price target raised to $85 from $77 at Piper Sandler