An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
American Water Selected for Naval Station Mayport Wastewater Contract
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
American Water (NYSE: AWK) has been awarded a contract valued at approximately $341 million over 50 years for the ownership, operation, and maintenance of the wastewater utility system at Naval Station Mayport in Jacksonville, Fla.. This contract expands the company's Military Services Group's footprint to 18 installations across various military branches. The contract was awarded by the Defense Logistics Agency and marks American Water's first contract with the Navy, reinforcing its position as a trusted partner for the Department of Defense.
Positive
Awarded a $341 million contract for 50 years at Naval Station Mayport.
Expands Military Services Group's operational footprint to 18 military installations.
First Navy contract underscores trust and partnership with the Department of Defense.
Negative
None.
Military Services Group expands footprint to 18 installations
CAMDEN, N.J.--(BUSINESS WIRE)--
American Water (NYSE: AWK), the largest publicly traded U.S. water and wastewater utility company, announced today its Military Services Group has been awarded a contract for ownership, operation, maintenance and replacement of the wastewater utility system assets at Naval Station Mayport (“NS Mayport”) in Jacksonville, Fla.
American Water’s Military Services Group provides water and wastewater services to military installations across the country as part of the federal government’s Utilities Privatization (“UP”) Program. American Water was selected for the NS Mayport wastewater UP contract by the Defense Logistics Agency (“DLA”), which operates as the primary UP contracting agency for the Department of Defense.
“American Water is honored to be awarded our first Navy contract,” said Susan Hardwick, American Water President and CEO. “With the addition of Naval Station Mayport, this expands our water and wastewater footprint across all military branches and continues to demonstrate our leading position as a trusted partner for the Department of Defense. We are proud to provide safe, clean and reliable water and wastewater treatment services for service members, families and civilians at 18 installations.”
NS Mayport is one of three major Navy installations in the Jacksonville area and has grown to become the third-largest fleet concentration area in the U.S. It is home to a daily population of over 32,000 sailors, families, and civilians, and the Navy’s 4th Fleet. The mission of NS Mayport is to sustain and enhance warfighter readiness.
The total contract value awarded is approximately $341 million over a 50-year period and will be subject to an annual economic price adjustment.
About American Water
With a history dating back to 1886, American Water (NYSE: AWK) is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs more than 6,400 dedicated professionals who provide regulated and regulated-like drinking water and wastewater services to more than 14 million people in 24 states. American Water provides safe, clean, affordable and reliable water services to our customers to help keep their lives flowing. For more information, visit amwater.com and diversityataw.com. Follow American Water on Twitter, Facebook and LinkedIn.
About Military Services Group
Military Services Group, a subsidiary of American Water, provides water and wastewater services to military installations across the country as part of the federal government’s Utilities Privatization program. Including Naval Station Mayport, Jacksonville, Fla., the Military Services Group will own, operate and maintain water and wastewater assets at 18 military installations: Fort Rucker, Ala.; Vandenberg Space Force Base, Calif.; Scott Air Force Base, Ill.; Fort Leavenworth, Kan.; Fort Polk, La.; Fort Meade, Md.; Fort Leonard Wood, Mo.; Picatinny Arsenal, N.J.; U.S. Army Garrison West Point, N.Y.; Wright-Patterson Air Force Base, Ohio; Fort Sill, Okla.; Fort Hood, Texas; Joint Base San Antonio, Texas; Hill Air Force Base, Utah; Fort A.P. Hill, Va.; Fort Belvoir, Va.; and Joint Base Lewis-McChord, Wash.