Hudson Technologies (NASDAQ: HDSN) re-awarded $210M DLA IDIQ contract
Rhea-AI Filing Summary
Hudson Technologies, Inc. reported that the United States Defense Logistics Agency has re-awarded the previously disputed and rescinded Indefinite Delivery Indefinite Quantity (IDIQ) contract, with Hudson again serving as prime contractor. The company has held the prime contractor role with the DLA since 2016.
The re-awarded agreement is valued at $210 million for an initial term running through August 4, 2031, and includes a DLA-held five-year option to extend the term through July 31, 2036. The re-award followed a rebidding process conducted after an unsuccessful bidder filed a bid protest in January 2026 at the U.S. Court of Federal Claims challenging the DLA’s evaluation of proposals and the October 2025 award to Hudson; the DLA rescinded the prior award while assessing the protest.
The Chief Executive Officer stated that the re-award validates the competitive bid process and reflects a decade of support and reliable service to the DLA. Hudson Technologies describes itself as a leading provider of innovative and sustainable refrigerant products and services, including large-scale refrigerant reclamation, on-site refrigerant management services, predictive and diagnostic offerings, and carbon offset project generation.
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Key Terms
Indefinite Delivery Indefinite Quantity (IDIQ) regulatory
Defense Logistics Agency regulatory
bid protest regulatory
refrigerant reclaimers technical
carbon offset projects financial
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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| Item 8.01 | Other Events. |
On August 5, 2026, Hudson Technologies, Inc. (the “Company”) issued a press release announcing it has been awarded, as prime contractor, a new contract with the United States Defense Logistics Agency (“DLA”). The Company has served as prime contractor to the DLA since 2016 and retained this contract as the result of a rebidding process following a previously filed bid protest. A copy of the press release is filed herewith as Exhibit 99.1.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| Exhibit 99.1 | Press Release issued August 5, 2026 | |
| Exhibit 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 5, 2026
| HUDSON TECHNOLOGIES, INC. | ||
| By: | /s/ Brian J. Bertaux | |
| Name: | Brian J. Bertaux | |
| Title: | Chief Financial Officer & Secretary | |
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Exhibit 99.1
HUDSON TECHNOLOGIES RE-AWARDED DEFENSE LOGISTICS AGENCY CONTRACT
WOODCLIFF LAKE, NJ – AUGUST 5, 2026 –Hudson Technologies, Inc. (NASDAQ: HDSN) a leading provider of innovative and sustainable refrigerant products and services to the Heating, Ventilation, Air Conditioning, and Refrigeration industry – and one of the nation’s largest refrigerant reclaimers – announced that it was notified by the United States Defense Logistics Agency (“DLA”) that it has been re-awarded the previously disputed and rescinded Indefinite Delivery Indefinite Quantity (IDIQ) contract with the DLA. The initial term of the agreement runs through August 4, 2031 and is valued at $210 million, with the DLA holding a five-year option to extend the term through July 31, 2036.
As previously disclosed, Hudson Technologies was notified in January 2026 that an unsuccessful bidder had filed a bid protest at the U.S. Court of Federal Claims, challenging the DLA’s evaluation of proposals and the October 2025 contract award to Hudson Technologies. The DLA rescinded the prior award while it evaluated the protest and conducted the now completed re-bid process.
Ken Gaglione, President and Chief Executive Officer of Hudson Technologies commented, “We are extremely pleased and proud to announce that Hudson has once again been awarded this contract. This re-award validates the competitive bid process and reflects Hudson’s past ten years of unparalleled support and reliable service to the DLA, and we look forward to continuing to demonstrate our unique ability to service the contract and their needs in the years ahead.”
About Hudson Technologies
Hudson Technologies, Inc. is a leading provider of innovative and sustainable refrigerant products and services to the Heating Ventilation Air Conditioning and Refrigeration industry. For nearly three decades, we have demonstrated our commitment to our customers and the environment by becoming one of the first in the United States and largest refrigerant reclaimers through multimillion dollar investments in the plants and advanced separation technology required to recover a wide variety of refrigerants and restoring them to Air-Conditioning, Heating, and Refrigeration Institute standard for reuse as certified EMERALD Refrigerants™. The Company's products and services are primarily used in commercial air conditioning, industrial processing and refrigeration systems, and include refrigerant and industrial gas sales, refrigerant management services consisting primarily of reclamation of refrigerants and RefrigerantSide® Services performed at a customer's site, consisting of system decontamination to remove moisture, oils and other contaminants. The Company’s SmartEnergy OPS® service is a web-based real time continuous monitoring service applicable to a facility’s refrigeration systems and other energy systems. The Company’s Chiller Chemistry® and Chill Smart® services are also predictive and diagnostic service offerings. As a component of the Company’s products and services, the Company also generates carbon offset projects.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Statements contained herein which are not historical facts constitute forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, but are not limited to, changes in the laws and regulations affecting the industry, changes in the demand and price for refrigerants (including unfavorable market conditions adversely affecting the demand for, and the price of, refrigerants), the Company's ability to source refrigerants, regulatory and economic factors, seasonality, competition, litigation, the nature of supplier or customer arrangements that become available to the Company in the future, adverse weather conditions, possible technological obsolescence of existing products and services, possible reduction in the carrying value of long-lived assets, estimates of the useful life of its assets, potential environmental liability, customer concentration, the ability to obtain financing, the ability to meet financial covenants under its existing credit facility, any delays or interruptions in bringing products and services to market, the timely availability of any requisite permits and authorizations from governmental entities and third parties as well as factors relating to doing business outside the United States, including changes in the laws, regulations, policies, and political, financial and economic conditions, including inflation, interest and currency exchange rates, of countries in which the Company may seek to conduct business, the Company’s ability to successfully integrate any assets it acquires from third parties into its operations, and other risks detailed in the Company's 10-K for the year ended December 31, 2025 and other subsequent filings with the Securities and Exchange Commission. The words "believe", "expect", "anticipate", "may", "plan", "should" and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made.
| Investor Relations Contact: John Nesbett/Jennifer Belodeau IMS Investor Relations (203) 972-9200 jnesbett@imsinvestorrelations.com |
Company Contact: Brian Bertaux, CFO Hudson Technologies, Inc. (845) 735-6000 bbertaux@hudsontech.com |