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Lakeland Fire + Safety Awarded National Contract for Emergency Medical, Safety and Rescue Equipment through the HGACBuy Program

1. LAKE awarded contract to supply protective gear to 9,000+ government entities. 2. The HGACBuy Program enables competitive pricing for local government purchases.

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FAQ

Why Bullish?

The contract expands LAKE's market reach significantly, potentially boosting revenues and stock performance.

How important is it?

A substantial contract enhances LAKE's position in a competitive market, impacting future growth prospects.

Why Long Term?

Ongoing government contracts can lead to sustained revenue growth, similar to past government procurement successes.

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HUNBRCGEO
9,000+ Government Entities Able to Procure Lakeland's Product Portfolio through the HGACBuy Program HUNTSVILLE, AL / ACCESS Newswire / January 28, 2025 / Lakeland Industries, Inc. ("Lakeland Fire + Safety" or "Lakeland") (NASDAQ:LAKE), a leading global manufacturer of protective clothing and apparel for industry, healthcare and first responders on the federal, state and local levels, today announced it was awarded contract EE 11-24 through the Houston-Galveston Area Council ("H-GAC") Board to allow local governments across the United States to access Lakeland's extensive portfolio of firefighter protective gear at competitive, volume-based pricing through the HGACBuy Program. The Houston-Galveston Area Council is the regional organization through which local governments consider issues and cooperate in solving areawide problems.

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