L-1 Identity Solutions (ID) announced after the bell Monday that its Trans Digital Technologies Corp. subsidiary was awarded a new contract, by the Department of State Bureau of Consular Affairs, Consular Systems and Technology Directorate, to continue providing high security production systems for U.S. passports. The indefinite quantity contract could potentially be worth up to $195 million.
L-1 Identity Solutions posted modest gains early Monday morning, before settling into a range. Shares finished up by 0.16 at $6.62. The stock is now up 0.38 on 22K shares after the close.
For comments and feedback: editorial@rttnews.com