Mubasher: Kuwait and Gulf Link Transport (KGL) announced that its 99%-owned subsidiary KGL Car Rental Co has signed an agreement with the US army, according to a bourse disclosure on Tuesday.
KGL Car Rental received a letter of award from the US army regarding a leasing contract for the Kuwaiti company’s cars to the US army.
On Sunday, KGL announced that KGL Car Rental won a contract valued at $230 million ($70 million) with a maximum duration up to seven years and a half.
