financetom
Business
financetom
/
Business
/
Syra Health Secures Subcontractor Role in Defense Health Agency Contract; Shares Rise
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Syra Health Secures Subcontractor Role in Defense Health Agency Contract; Shares Rise
May 14, 2024 9:22 AM

11:53 AM EDT, 05/14/2024 (MT Newswires) -- Syra Health ( SYRA ) said Tuesday it has secured a subcontractor role with LUKE, a prime contractor on a 10-year $43 billion Defense Health Agency contract.

LUKE has been awarded all areas of responsibility for staffing five Defense Health Agency labor markets including physicians, nurses, dentists, ancillary services, and medical support personnel, the company said.

Syra said it will help perform the required services, including providing contract workers in various healthcare labor categories in support of mission requirements within DHA hospitals, clinics, dental facilities, and health activities.

The portion of contract revenue for Syra will be determined by task orders, the company said. The contract is expected to run from June 2024 until May 31, 2034.

Shares of Syra Health ( SYRA ) were up more than 20% in recent trading.

Price: 1.61, Change: +0.28, Percent Change: +20.90

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ecolab to Acquire CoolIT Systems, a Global Leader in Advanced Liquid Cooling for Next-Gen AI Data Centers
Ecolab to Acquire CoolIT Systems, a Global Leader in Advanced Liquid Cooling for Next-Gen AI Data Centers
Mar 20, 2026
Acquisition accelerates Ecolab’s sales growth by significantly expanding its Global High-Tech growth engine, creating an end-to-end fluid management and cooling platform for AI data centers ST. PAUL, Minn.--(BUSINESS WIRE)-- Ecolab ( ECL ) announced today that it has entered into a definitive agreement to acquire CoolIT Systems, a high-growth, high-margin leader in liquid cooling technology for next-gen AI data...
HONEYWELL ANNOUNCES EARLY PARTICIPATION RESULTS AND UPSIZING OF ITS DEBT TENDER OFFERS
HONEYWELL ANNOUNCES EARLY PARTICIPATION RESULTS AND UPSIZING OF ITS DEBT TENDER OFFERS
Mar 20, 2026
CHARLOTTE, N.C., March 20, 2026 /PRNewswire/ -- Honeywell ( HON ) today announced the results as of 5:00 p.m., New York City time, on March 19, 2026 (the Early Participation Date), for its previously announced offers to purchase for cash the securities listed in Table 1 below (collectively, the Dollar Securities) and the securities listed in Table 2 below (collectively,...
CapsoVision Announces $14 Million Private Placement Financing
CapsoVision Announces $14 Million Private Placement Financing
Mar 20, 2026
SARATOGA, Calif., March 20, 2026 (GLOBE NEWSWIRE) -- CapsoVision, Inc. ( CV ) (the “Company”) , a commercial-stage medical technology company developing advanced imaging and AI-enabled capsule endoscopy solutions, today announced the closing of a $14 million private placement in public equity financing (the “Private Placement”) pursuant to a securities purchase agreement entered into by the Company with selected accredited...
PEDEVCO Announces Participation in the 38ᵗʰ Annual ROTH Conference
PEDEVCO Announces Participation in the 38ᵗʰ Annual ROTH Conference
Mar 20, 2026
HOUSTON, March 20, 2026 (GLOBE NEWSWIRE) -- PEDEVCO Corp. (“PEDEVCO” or the “Company”), a domestic energy company engaged in the acquisition and development of strategic, high growth energy projects in the Rocky Mountain region, today announced that President & Chief Executive Officer J. Douglas Schick, Chief Operating Officer Reagan Tuck (R.T.) Dukes, and Executive Vice President & General Counsel...
Copyright 2023-2026 - www.financetom.com All Rights Reserved