Monitor Largo's next quarterly filing for revenue recognition from this contract and any follow-on orders. The DoD relationship may signal strategic demand for vanadium in defense applications.
Price Chart
Executive Summary
Largo Resources USA Inc, a subsidiary of Largo Inc (LGO), received a $60.1 million contract from the Department of Defense for vanadium pentoxide. The award is significant relative to Largo's likely revenue scale but the exact percentage cannot be determined as annual revenue was not provided.
Key Financial Metrics
Key Facts
- Award amount: $60,083,062.2
- Awarding agency: Department of Defense
- Product: vanadium pentoxide
- Period of performance starts: 2026-07-01
- Recipient: Largo Resources USA Inc, a subsidiary of Largo Inc
Financial Impact
$60.1 million contract from the Department of Defense for vanadium pentoxide
Risk Factors
- Company annual revenue not provided; cannot assess materiality as percentage of revenue
- Single contract award; no information on competition or sole-source status
- Execution and funding risk typical of government contracts
Investment Themes
Documents Analyzed
This report is based on 1 federal contract record from official U.S. government contract data.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-SP800026F0032 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 8, 2026 18d ago | 6-K | $0.4600 $0.4700 | ▲ +2.17% | ▲ +1.57% | $0.4100 (−10.87%) |
Sep 28, 2026 28d ago | 6-K | $0.5232 $0.4862 | ▲ +7.07% | ▲ +6.87% | $0.4100 (+21.64%) |
Sep 28, 2026 28d ago | 424B5 | $0.5232 $0.4862 | ▲ +7.07% | ▲ +6.87% | $0.4100 (+21.64%) |
Sep 23, 2026 4w ago | 6-K | $0.7250 $0.6910 | ▼ −4.69% | ▼ −4.61% | $0.4100 (−43.45%) |
Sep 14, 2026 6w ago | 6-K | $0.6800 $0.6891 | ▲ +1.34% | ▲ +1.80% | $0.4100 (−39.71%) |
Aug 26, 2026 8w ago | 6-K | $0.7314 $0.7300 | ▼ −0.19% | ▲ +0.04% | $0.4100 (−43.94%) |
Aug 14, 2026 10w ago | 6-K | $0.6612 $0.6155 | ▲ +6.91% | ▲ +6.24% | $0.4100 (+37.99%) |
Aug 10, 2026 11w ago | 6-K | $0.7868 $0.7718 | ▼ −1.91% | ▼ −1.59% | $0.4100 (−47.89%) |
Jul 23, 2026 13w ago | 6-K | $0.6332 $0.6202 | ▼ −2.05% | ▼ −2.15% | $0.4100 (−35.25%) |
Jul 10, 2026 15w ago | 6-K | $0.7301 $0.6700 | ▲ +8.23% | ▲ +7.47% | $0.4100 (+43.84%) |
US Market Status
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