Hudson Technologies has received a bridge modification from the United States Defense Logistics Agency ("DLA") extending the expiration date of its existing agreement from July 29, 2026 to November 29, 2026 with the option for two additional three-month extensions through February 28, 2027 and May 29, 2027, if necessary.
In July 2016, Hudson Technologies was awarded, as prime contractor, a five-year contract by the DLA for services including the management, supply, and sale of refrigerants, compressed gases, and cylinders. The contract included a five-year renewal option, which was exercised in July 2021.
In October 2025, Hudson Technologies successfully retained the contract (the "2025 DLA Contract") following a standard competitive review and rebidding process conducted by the DLA. In January 2026, however, the Company was notified that a bid protest had been filed challenging the DLA's evaluation methodology and subsequent award to Hudson Technologies. As a result, the DLA rescinded the 2025 DLA Contract award pending completion of its review process.
The contract extension bridges the current agreement while the DLA completes the rebidding process. During this period, Hudson Technologies will continue providing uninterrupted service to the DLA under the existing contract until the review of the 2025 award process and rebid is finalized.
Login to comment