Perma-Fix awarded ~$50M in Q3 contracts, including $40M Navy decommissioning project

PERMA FIX ENVIRONMENTAL SERVICES INC

Total new contract awards of ~$50M in Q3 2021, to be recognized over 18-24 months.
Single $40M fixed-price contract from U.S. government for decommissioning radioactive equipment on a Navy vessel.
Services segment project backlog now estimated at ~$74M heading into Q4 2021.
Contracts received since end of Q2 2021; CEO cites success in bidding organization and growing sales pipeline.
Government contract is subject to termination or renegotiation with 30 days' notice at government's option.

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