Learning Tree International’s new Veterans Affairs contract worth up to $60M

Learning Tree Int’l gets government contract

RESTON, Va. — Learning Tree International, which sells professional development courses for IT workers, said it has contracted with the Department of Veterans Affairs to provide training services.

The one-year agreement, with options to renew, is worth up to $60 million.

The training started Feb. 22, the company said late Thursday.

Learning Tree anticipates revenue of $10 million to $15 million under the agreement during its first year.

The company’s stock added 31 cents, or 2.4 percent, to a fresh 52-week high of $13.47 in afternoon trading.