American Water lands $448M contract to run military base water utility

Camden-based American Water was awarded a $448 million contract from the Department of Defense to operate the water and wastewater systems at a Texas military base.

American Water’s (NYSE: AWK) contract to oversee the one at the Joint Base San Antonio spans 50 years, similar to the other military base utilities its Military Services Group also oversees,

The 46,539-acre base is made up of Randolph Air Force Base, Fort Sam Houston, Camp Bullis and Lackland Air Force Base and covers 11 separated…

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