RELM Award $26.2M rom U.S. Department of Homeland Security Tactical Communications Contract For Project 25 Portable Radios and Repeaters

RELM Wireless Corporation (NYSE MKT: RWC) today announced that it received awards under the U.S. Department of Homeland Security (DHS) Tactical Communications (TacCom) Contract totaling $26.2 million for its KNG series portable radios, repeaters and accessories.  The equipment will be deployed by the Transportation Security Administration (TSA) at over 400 airports in the continental U.S. as well as locations outside the continental U.S.  The awards are for a base-term of one year that commenced on September 28, 2015, with four one-year options.  The first option year was partially exercised immediately.  The awards are comprised of delivery orders totaling $15.5 million, which includes the base-term and partial exercise of option year 1, and stipulates delivery of the equipment within 180 days.  The awards do not specify or guarantee the exercise of the remaining option years, which total $10.7 million. RELM President and Chief Executive Officer David Storey commented, "This is a landmark win for RELM.  We have worked hard to cultivate a relationship with the TSA for many years, building confidence in our products and service through a series of smaller requirements.  We are very excited to receive the awards and view this as a See full press release