Globecomm (GCOM) Receives $8.8M Contract from NATO NCI Agency
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Globecomm Systems, Inc. (Nasdaq: GCOM) has received a contract from NATO Communications and Information Agency (NCI Agency) valued at $8.8 million to upgrade the Company’s previously deployed GPS-Based Force tracking System (FTS) to handle additional capacity and add additional features.
Globecomm previously announced approximately $65.8 million in contracts from NATO for this project to design and install a GPS FTS, bringing the combined contract value to approximately $74.6 million. The FTS provides NATO with high levels of tracking data and messaging traffic. It enables NATO to identify where its personnel are located at all times, identify other multi-national forces and have the ability to do so in routine and operational situations. This is critical in assisting with the identification of friendly forces and helps prevent fratricide or “blue-on-blue” incidents.
Globecomm previously announced approximately $65.8 million in contracts from NATO for this project to design and install a GPS FTS, bringing the combined contract value to approximately $74.6 million. The FTS provides NATO with high levels of tracking data and messaging traffic. It enables NATO to identify where its personnel are located at all times, identify other multi-national forces and have the ability to do so in routine and operational situations. This is critical in assisting with the identification of friendly forces and helps prevent fratricide or “blue-on-blue” incidents.
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