By Christian Moess Laursen
RA International Group received a new contract with the United Nations Support Office in Somalia, valued at up to $36 million, to provide ground maintenance in addition to pest and vector control services.
The London-listed construction and facility-support services company said Tuesday that the contract is valued between $32 million and $36 million in aggregate over a five-year period.
The contract drives a doubling of the company's third-quarter order book, it said.
RA International has held the contract for pest and vector control services since 2017, with the new contract now including ground maintenance. The contract strengthens its long-standing relationship with the U.N., the company said.
Write to Christian Moess Laursen at christian.moess@wsj.com
(END) Dow Jones Newswires
September 24, 2024 02:51 ET (06:51 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.