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Bowman Awarded Phase II Geospatial Assignment for Large-Scale Federal Project

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Bowman Consulting Group (NASDAQ: BWMN) has secured a Phase II contract extension with the USDA-FPAC to provide aerial acquisition and orthoimagery services for the National Resource Inventory (NRI) program. The project covers approximately 11.2 million acres across the United States, surveying about 70,000 sites averaging 160 acres each.

The company's proprietary sensor technologies and processing techniques have enhanced capture rates, image resolution, and delivery timelines for the USDA NRI program. This continuation builds upon Bowman's successful completion of the initial task order in 2024 and their long-standing relationship with the USDA.

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Positive

  • Secured Phase II contract extension for large-scale federal project with USDA-FPAC
  • Coverage of significant 11.2 million acres across the United States
  • Proprietary technology improving operational efficiency and delivery timelines
  • Strengthening of multi-year federal revenue streams
  • Long-standing relationship with USDA demonstrates reliable contract retention

Negative

  • None.

News Market Reaction 1 Alert

-1.12% News Effect

On the day this news was published, BWMN declined 1.12%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Contract extends company’s support of 11.2-million-acre nationwide aerial acquisition and orthoimagery project for National Resource Inventory (NRI) program

RESTON, Va., June 25, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and program management firm, was awarded a continuation contract to provide aerial acquisition and orthoimagery services under a new Phase II contract for the National Resource Inventory (NRI) program. The work is to be performed under contract with the Farm Production and Conservation of the United States Department of Agriculture (USDA-FPAC). Building on the completion of the initial task order in 2024, Bowman is supporting most of the program’s data collection efforts covering roughly 11.2 million acres across the United States.

The USDA’s NRI program assesses the status, condition and trends of land, soil, water and related natural resources nationwide. This year, the program will survey approximately 70,000 sites averaging 160 acres per site. This win builds on Bowman’s decades long history of supporting the USDA, the NRI and other related initiatives.

“Continued engagement with NRI and other agencies reflects the success of our strategy to build multi-year federal revenue streams that scale our geospatial technology offerings,” said Gary Bowman, founder and CEO of Bowman. “Our history of long-standing client relationships, advanced high resolution aerial image capture and efficient large-scale data processing position us to win large-scale assignments, build reliable reoccurring sources of revenue and deliver consistent value to our agency partners and our shareholders.”

Bowman’s proprietary sensor technologies and processing techniques have significantly improved capture rates, image resolution and delivery timelines and greatly enhanced the efficiency and reliability of data delivery for the USDA NRI program. These advancements, developed over time, have uniquely enabled Bowman to meet the large-scale demands of the contract while improving the cost-effectiveness of geospatial-focused work across its portfolio.

About Bowman Consulting Group Ltd.
Headquartered in Reston, Virginia, Bowman is a national engineering services firm delivering infrastructure, technology and project management solutions to customers who own, develop and maintain the built environment. With over 2,400 employees in more than 100 locations throughout the United States, Bowman provides extensive planning, engineering, geospatial, construction management, commissioning, environmental consulting, land procurement and other technical services to customers operating in a diverse set of regulated end markets. Bowman trades on the Nasdaq under the symbol BWMN. For more information, visit bowman.com or investors.bowman.com.

General Media Contact:
Christina Nichols
pr@bowman.com

Investor Relations Contact:
Betsy Patterson
ir@bowman.com


FAQ

What is the scope of Bowman's Phase II contract with USDA-FPAC?

The contract covers aerial acquisition and orthoimagery services for approximately 11.2 million acres across the United States, surveying about 70,000 sites averaging 160 acres each.

How does BWMN's technology benefit the NRI program?

Bowman's proprietary sensor technologies and processing techniques have improved capture rates, image resolution, and delivery timelines, enhancing the efficiency and reliability of data delivery for the USDA NRI program.

What is the purpose of the National Resource Inventory (NRI) program?

The NRI program assesses the status, condition and trends of land, soil, water and related natural resources nationwide.

How does this contract impact Bowman's federal revenue strategy?

The contract supports Bowman's strategy to build multi-year federal revenue streams by scaling their geospatial technology offerings and maintaining long-standing client relationships.
Bowman Consulting Group Ltd.

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