MAXIMUS, Inc. (NYSE:MMS) has been awarded two contracts from the Internal Revenue Service (IRS) for a combined value of $151 million.

• Maximus would help IRS with large-scale cloud migration and train IRS employees on new systems and technologies.
• The first contract is a $76 million task, funded by the Office of the Chief Information Officer, with the Treasury Department's IRS to provide Masterfile System Programming Support Services.
• The second contract is a $75 million Development, Infrastructure, Security and Modernization (DISM) task to support the Treasury Department's IRS Office of the Chief Information Officer to provide Technology Integration Office support.
• Price Action: MMS shares trading higher by 2.32% at $87.62 on the last check Tuesday.