Thermo Fisher Scientific Inc. (TMO) ranks 99th in trading volume with $745 million in deals, despite a 49.84% drop in volume and a 0.56% stock price increase

On June 23, 2025, Thermo Fisher Scientific Inc. (TMO) saw a trading volume of $745 million, marking a 49.84% decrease from the previous day. The stock ranked 99th in terms of trading volume for the day. TMO's stock price increased by 0.56%, marking the third consecutive day of gains, with a total increase of 2.52% over the past three days.

Thermo Fisher Scientific has secured a significant contract worth $94.5 million from the U.S. Department of Defense (DoD) to provide the Navy with advanced radiation detection systems. This five-year contract includes the supply of next-generation dosimetry systems and updated radiation health and database management software. The systems will be crucial in monitoring and managing occupational radiation exposure for Naval personnel, ensuring their safety in various environments, including nuclear-powered assets and medical facilities.

The contract underscores the Navy's confidence in Thermo Fisher's ability to deliver cutting-edge technology and data management solutions. The advanced digital dosimetry devices feature integrated beta, gamma, and neutron detection capabilities, providing precise and reliable radiation exposure monitoring. This contract is a significant milestone for Thermo Fisher, reinforcing its commitment to supporting critical defense and safety operations.