Atlas Technical Consultants Secures $9M Multiple Texas DOT Contracts

Atlas Technical Consultants Inc ATCX has secured $9 million in multiple contracts to provide materials testing services for various districts in the state of Texas.
The contracts are with the Texas Department of Transportation and will run for up to five years.
The contracts are valued at ~$3 million in the San Antonio District, $2 million in the El Paso District, $2 million in the Houston District, and $2 million in the Pharr, Laredo, and Corpus Christi Districts.
Atlas will assist the Texas DOT in supervising and performing sampling, testing, inspecting, and related services for asphaltic, soils/flex base, and concrete construction on various highway projects throughout the state.
Price Action: ATCX shares are trading lower by 3.84% at $10.02 on the last check on Wednesday.