Globecomm Awarded $74.1 Million Contract From a U.S. Government Agency
August 4, 2011
Globecomm Systems Inc. announced today that the Company has been awarded a contract from a U.S. Government Agency. The contract is valued at $74.1 million with options for additional quantities and services. Globecomm will lead this effort for the U.S. Government providing program management and services. The L-3 Narda Satellite Networks (L-3 Narda), division of L-3 Communications will work with Globecomm as a subcontractor.
Thomas Coyle, Senior Vice President and General Manager of Globecomm Systems Inc., said: "This is a very important contract for Globecomm and we are very pleased to be working with L-3 Narda to further extend our relationship from other projects. While the competitive landscape for this procurement dictated a reduction from our normally demonstrated margins, we are excited to have the opportunity to become a major supplier in a new market and to work closely with L-3."
Gene Kelly, President of L-3 Narda, said: "Narda provides a wide array of transit cased transportable tactical earth stations, antennas and electronics subsystems for the US Government. We are very proud to be part of the Globecomm team to provide this vital capability."
