Market Overview

Globecomm Awarded Ka-Band Infrastructure Contract by Hughes Valued at $18.0 Million

Globecomm Systems Inc. (NASDAQ: GCOM) today announced that the Company has been awarded a Ka-band infrastructure contract from Hughes Network Systems, LLC (Hughes), the global leader in broadband satellite networks and services, valued at $18.0 million.

The agreement includes options, which if exercised would bring the total contract value up to $24.0 million over 5 years.

Posted-In: News Contracts

 

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