Globecomm Wins Service Contract from US Gov't, Valued at $6.8M
Globecomm Systems Inc. (NASDAQ: GCOM), a leading communications solutions provider, announced today that the Company has been awarded option year two of a five year contract from a US Government agency valued at $6.8 million. This contract is a combined effort between Globecomm's wholly-owned subsidiaries, Globecomm Services Maryland, Globecomm Europe and Cachendo.
Globecomm previously announced approximately $6.0 million in contracts from this US Government agency, bringing the combined contract value to approximately $12.8 million. Under the terms of the contract, Globecomm will provide In-Country Field Engineers, IT services via its teleport facility, Voice over IP, Satellite television, WAN optimization, program management, operations and maintenance, storage, distribution, and network connectivity.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.