KUWAIT CITY: Agility Public Warehousing Company has notified the Dubai Financial Market (DFM) that one of its fully owned subsidiaries, Agility Defense & Government Services, was notified by the U.S Defense Logistics Agency (DLA) that it is one of two awardees of the USD 70 million DLA Distribution, Transportation Contact (DDTC).
DDTC is an indefinite delivery/indefinite quality (IDIQ) contact for sustainment and contingency distribution from DLA’s hub in Bahrain throughout the Arabian Peninsula and Iraq.
The DDTC contract has a combined total value of USD 70 million for the two awardees over 5 years. Agility cant’ access at the moment its portion of the work. Revenue, when assigned and performed, will be reflected in the company’s financials.
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