Market Overview

TeleCommunication Systems Receives $5M in Incremental Funding from U.S. Army for SNAP Deployable Satellite Systems Sustainment

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TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in secure and highly reliable wireless communications, today announced that it has received $5 million in incremental funding from the U.S. Army for sustainment of the AN/TSC-198A SNAP (Secret Internet Protocol Router (SIPR) and Non-classified Internet Protocol Router (NIPR) Access Point), Very Small Aperture Terminals (VSATs). Combined with the initial funded contract value of $18.6 million, this brings funding to date to $23.6 million. The ceiling contract value, including funded and unfunded amounts, is nearly $91 million through September 2018, if all options are exercised.

News Facts

TCS SNAP VSAT systems provide multimedia communications capabilities, which convey encrypted voice, video and data. Website - http://www.telecomsys.com
Highly transportable and ruggedized, TCS SNAP VSAT systems also have a graphical user interface that facilitates easy set-up and operation.
The modularity and plug-and-play interfaces among all radio frequency (RF) and baseband configurations inherent to the terminals result in communication solutions tailored to the end-user's specific needs.
TCS' Government Solutions Group has a 28-year track record as a proven, trusted provider of communication technology solutions to the government's technical challenges, under conditions that demand the highest level of reliability, availability and security. TCS satellite communications experience includes standards-compliant design as well as technically advanced production, deployment, installation, operation, service and maintenance. TCS' dedicated Operations and Maintenance division currently supports thousands of systems around the globe, ensuring that products and turnkey solutions are supported and available in their intended environments. Learn more at TCS Professional Services.

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