Market Overview

TeleCommunication Systems Receives $25 Million Delivery Order from U.S. Army for Deployable Satellite Systems Equipment

TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that it has received a delivery order from the U.S. Army for Secret Internet Protocol Router and Non-secure Internet Protocol Router Access Point (SNAP) 1.2M Lite Very Small Aperture Terminal (VSAT) satellite systems and IMPACT Tactical baseband equipment. This order has a total value of $25 million, if all options are exercised.

The majority of the equipment funded by the initial delivery order award will be delivered by the end of Q1 2013. These SNAP VSAT and IMPACT Tactical systems will be fielded as a part of the Small Form Factor (SFF) Company Command Post (CoCP) Terminals. The U.S. Army Project Manager for the Warfighter Information Network - Tactical (PM WIN-T) Commercial Satellite Terminal Program is funding these procurements through the Army's $5 billion World-Wide Satellite Systems (WWSS) contract vehicle.

Posted-In: News Contracts

 

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