Globecomm Receives an Increased Scope Under a Multi-Year Contract with a Major U.S. Government Prime Contractor

Globecomm Services Maryland, has received an increase in the total value of a five-year contract from a major U.S. Government prime contractor. During the first four years of the contract $95.0 million has been authorized by the customer. The customer has now exercised its option to authorize $57 million for the fifth contract year, bringing the contract total to $152 million

Each option year requires incremental funding and includes additional options to increase the scope of work. This $57 million option is fully funded and includes a significant increase in scope over the base contract.

Globecomm will provide satellite earth stations and services that leverage the Company’s global service network by providing voice, video, and data services in the Company’s rapidly growing managed network service businesses.

As a valued added offering, Globecomm will offer the customer life cycle services supported by a global network of qualified technicians enabling a highly professional, technical and responsive support handling activities such as implementation, preventive, and corrective maintenance, and a full range of 24 x 7 technical support services. These services include engineering support, equipment, complete with installation and maintenance to multiple locations in the Middle East, Africa, Asia, and certain Pacific and Caribbean Islands.

Bill Raney, Senior Vice President of Globecomm Systems Inc., said: “This is another example of Globecomm’s continued commitment to the US Government and the foreign service community.”

Keith Hall, President and Chief Operating Officer of Globecomm Systems Inc., said: “The scope of this contract exhibits the full breadth of Globecomm's capabilities as a communication solution provider. We are proud of our team which continues to provide a high level of quality service. This contract is a great example of how we can grow with our customers. The partnership continues to strengthen and we look forward to supporting this customer for many years to come.”