US Military SCIF Prime Contractor Picks SG Blocks To Support Governmental Project

November 30, 2021 3:37 PM | 1 min read |

SG Blocks Inc SGBX owned and operated manufacturing facility, SG ECHO, has been selected as a manufacturer by a contractor for a U.S. Military SCIF (Sensitive Compartmented Information Facility), supporting the contractor winning a prime bid. Deal terms were not disclosed.
SG ECHO is building a secured pre-fabricated facility for a government entity and is expected to be completed in 1Q22.
SG ECHO specializes in the design and construction of permanent modular and temporary modular buildings. It is located in Durant, Oklahoma, and consists of a two-building, approximately 70,000 square foot modular manufacturing facility.
Price Action: SGBX shares are trading lower by 2.73% at $2.14 on the last check Tuesday.