ExxonMobil Wins $236M Fuel Supply Contract from DLA

OilPipesExxonMobil (NYSE: XOM) has won a potential $236.5 million contract to provide fuel products to the Defense Logistics Agency‘s energy organization.

DLA Energy received 37 proposals for the acquisition program and will use fiscal year 2016 to fiscal year 2017 defense working capital funds to pay for contract work, the Defense Department said Friday.

The fixed-price contract contains a one-year base term and a carry-over period of 30 days.

ExxonMobil will perform work in Virginia and Texas through April 30, 2017.

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