AMTM is trading 4.4% up today at $21.11 after announcing its ASCEND Aerospace & Technology joint venture secured NASA’s Consolidated Spaceflight Mission Operations and Systems (COSMOS) contract.
- The multiyear spaceflight operations award is part of a series of wins, including a $50.2 million Pentagon contract modification.
- The company also secured a new 60-month General Services Administration supply-chain contract to support U.S. military installations in Japan.
- This wave of new contract activity is driving investor enthusiasm and lifting the stock from near its 52-week lows.