ENG Fuel Handling Contract from Defense Logistics Agency

Long

ENGlobal Corporation (NASDAQ:ENG)

NASDAQ:ENG ENGlobal Corporation

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ENGlobal Corporation (ENG) has been awarded a $4.4 million contract by the Defense Logistics Agency (DLA) to provide Automated Fuel Handling Equipment support.

This is quite bullish news for a stock that has a Market Cap of only 42.602Mil.

My price target for this year is the $3.5 resistance.

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