Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter
Bantec, a product and services company, through its subsidiary Howco Distributing, has secured over $1,100,000 in short-term Department of Defense contracts in Q3 2024. The sales include items such as welding pins, vehicle winches, and transmission lifts. Michael Bannon, Bantec's CEO, noted that Howco has already exceeded the $1.1 million mark this quarter. Additionally, order fulfillment has started for a $4,100,000 long-term DoD contract announced in May. Bantec focuses on providing products and services to government entities and other large organizations, with a strategic aim to grow through acquisitions and partnerships.
- Secured over $1,100,000 in short-term DoD contracts in Q3 2024.
- Exceeded $1.1 million in sales for the quarter.
- Started fulfilling orders for a $4,100,000 long-term DoD contract.
- None.
Michael Bannon, Bantec's Chairman and CEO stated: "We are almost at the end of our third month for the quarter and Howco has surpassed the
- Welding pins
- Vehicle winches
- Vehicle doors
- Transmission lifts
- Wire rope assemblies
- Vehicle mirror assemblies
"Order requests and fulfillment on the post pullers (
More details on the individual contracts can be found on the Federal Procurement website: https://www.fpds.gov/fpdsng_cms/index.php/en/.
About Bantec
Bantec, Inc. is a product and service company targeting the United States Government, state governments, municipalities, hospitals, universities, manufacturers, and other building owners. Bantec also provides product procurement, distribution, and logistics services through its wholly owned subsidiary, Howco Distributing Co., to the United States Department of Defense and Defense Logistics Agency. The Company has operations based in
Forward-Looking Statements
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Contacts:
Michael Bannon
Chairman & CEO
Stockholders@Bantecinvestorrelations.com
(203) 220-2296
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SOURCE Bantec, Inc.
FAQ
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