Massimo Group Receives Purchase Orders From Defense Department, US Army
Massimo Group (MAMO) said Tuesday it won purchase orders for its vehicles from the US Department of Defense and the US Army.Financial terms as well the number and details of vehicles were not provided.The company said it will supply vehicles to support facility operations, maintenance, and logistics activities, with the required models expected to become available in July.Shares of the company were down 1.6% in Tuesday trading.Price: $0.94, Change: $-0.02, Percent Change: -1.63%