Hudson Technologies Secures $210M U.S. Defense Logistics Contract

Hudson Technologies, Inc. has secured a $210 million contract with the U.S. Defense Logistics Agency (DLA) to continue serving as the prime contractor for supplying refrigerants, compressed gases, cylinders, and related products to U.S. Military Commands and federal agencies. The five-year contract, with an option for a five-year renewal, follows a competitive rebidding process, marking Hudson's continued partnership with the DLA since 2016. The contract supports multiple military branches, including the Army, Navy, Air Force, and Marine Corps, highlighting Hudson's critical role in providing essential materials to military installations. Hudson Technologies specializes in innovative and sustainable refrigerant products and services, operating advanced onsite services with its proprietary Zugibeast system and offering real-time web-based monitoring for refrigeration systems. The company maintains strong financial health with solid revenue growth, profitability, and liquidity, which is reflected in a Hold analyst rating and a $10 price target. CEO Brian F. Coleman emphasized the company's commitment to continuing its valued partnership with the U.S. military, reinforcing its position as a key supplier in the defense sector.