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Lumen Technologies Awarded $73.6 Million GAO Contract
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Lumen Technologies Awarded $73.6 Million GAO Contract
Apr 11, 2024 10:22 AM

01:10 PM EDT, 04/11/2024 (MT Newswires) -- Lumen Technologies ( LUMN ) said Thursday that it has been awarded a $73.6 million contract from the US Government Accountability Office to improve its network, data, voice, and video connectivity.

The task order, which was awarded under the General Services Administration's Enterprise Infrastructure Solutions program, has a base performance period of one year, with eight one-year options.

Under the contract, Lumen will provide the GAO with secure managed network services, virtual private network services, ethernet transport services, internet protocol services, videoconferencing services, and voice and toll-free services.

Shares of Lumen Technologies ( LUMN ) were up about 3% in recent trading.

Price: 1.42, Change: +0.04, Percent Change: +2.90

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