NV5's Newly Acquired Subsidiary Axim Pockets Contract From National Geospatial Intelligence Agency

NV5 Global, Inc's NVEE newly acquired subsidiary, Axim Geospatial, has secured a prime contract from the National Geospatial-Intelligence Agency.

This contract comes under GEOINT Enterprise Operations Service and Solutions Program with Industry, Core Mission Operations (GEO-SPI B).

The GEO-SPI B is a seven-year, multi-award contract vehicle valued at up to $900 million and focused on delivering trusted geospatial intelligence (GEOINT) to NGA's Analysis and Source Directorates. 

Under the GEO-SPI B contract, Axim will apply domain expertise, automation, and innovative solutions to improve outcomes and enhance NGA performance across multiple mission sets. 

Price Action: NVEE shares are trading higher by 0.40% at $100.75 on the last check Wednesday.