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Posted On: 04/05/2022 8:45:53 AM
Post# of 23611
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Posted By: jmtimz
$BANT On News! Bantec's Howco Distributing Wins Six Defense Logistics Agency Indefinite Delivery Contracts to Supply Pressure Transmitters, Anodes, V-Belts, Maintenance Kits, and Marine Equipment
LITTLE FALLS, N.J., March 29, 2022 /PRNewswire/ -- Bantec, Inc. (OTCPINK: BANT) ("Bantec" or the "Company" , Bantec, Inc., a product and services company, announces that its subsidiary Howco received six IDC contracts to supply pressure transmitters, Anodes, V-Belts and Maintenance Kits.

Michael Bannon, Bantec's Chairman and CEO stated: "we are excited about winning the six DLA Indefinite Delivery Contracts for pressure transmitters, anodes, v-belts and maintenance kits. The contracts total 1.5 million dollars. Five contracts are for one year and one is for five years. Each contract is a different OEM/Vendor. We expect to be successful in securing similar contracts. This sales achievement should significantly increase revenue projections for 2022 and beyond."


https://finance.yahoo.com/news/bantecs-howco-...00877.html

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