MCRAE INDUSTRIES A DL 1

McRae Industries has received from DLA Troops Support a firm-fixed-price, indefinite-delivery contract over four years to supply combat boots for seafaring in moderate weather. The contract has an estimated value of $24,296,263 and a maximum award value of $31,730,382 and contains no option periods. The company also received customs refunds of about $2.5 million; duties of roughly $3.0 million were paid in the current year. The award is consistent with McRae’s existing role as a supplier of military footwear; the company has a market capitalization of about $108 million and most recently $114 million in revenue over the past twelve months. » More on de.investing.com