Primech wins $24.8M four-year cleaning contract at major Asian airport, boosting recurring revenue.

Primech Holdings secured a $24.8 million, four-year cleaning services contract at one of Asia's largest aviation hubs, covering multi-level passenger terminal cleaning. This contract is one of the largest in Primech's history, enhancing its recurring revenue and long-term revenue visibility. The deal reflects Primech's strong operational capabilities in high-demand environments and supports its strategy to grow multi-year institutional contracts, reducing revenue volatility and improving cash flow stability. The company plans to leverage its digital management systems to maintain high service standards throughout the contract term.