Benzinga | Aug 31, 2021 04:14PM EDT

ASGN' ECS Secures Place On ASTRO IDIQ Contract

* ASGN Inc's (NYSE:ASGN) Federal Government Segment ECS has been named a prime awardee on the General Services Administration's (GSA) ASTRO contract.

* ASTRO is a five-year, multiple-award, indefinite-delivery/indefinite-quantity (IDIQ) contract with no defined ceiling value and estimated worth in the multi-billion-dollar range.

* GSA also maintains the option to extend contracts for five additional years.

* ECS was selected for multiple contract awards with wins in the Mission Operations and Development/System Integration pools.

* The contract focuses on the development, integration, operation, maintenance, and support of unmanned/manned/optionally manned systems, robotics, and platforms.

* Price Action: ASGN shares closed lower by 0.13% at $112.25 on Tuesday.