Send to a Friend Share

Globecomm Systems (GCOM) Awarded $17.7 Million Contract

November 10, 2009 2:08 PM EST
GCOM Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

EPS Growth %: +78.6%
Globecomm Systems Inc. (NASDAQ: GCOM) has been awarded a contract from a U.S. Government Agency under the Commercial SATCOM Terminal Program (CSTP) which is part of the Project Manager (PM) Warfighter Information Network-Tactical (WIN-T) and Program Executive Office: Command, Control and Communications Tactical (PEO C3T) under the World Wide Satellite Systems (WWSS) Program to provide global SATCOM On-The Move (OTM) communications. The contract is valued at $17.7 million with options for significant additional quantities and services. Globecomm Systems will lead this effort for the U.S. Government providing program management and services. The Linkabit division of L-3 Communications (NYSE: LLL) will work with Globecomm Systems as a subcontractor responsible for development and production of the terminals.

Pursuant to the terms set forth in the contract, Soldier Node Extension Prophet (SNEP) Satellite Terminals will be integrated, configured, and delivered along with training and logistical support services. The SNEP will operate in a hub-spoke and mesh architecture to provide beyond line-of-sight range extension to OTM users. The SNEP will employ the MPM1000 Net Centric Waveform Satellite Modem to provide Multi-Frequency-Time Division Multiple Access Bandwidth on demand technology for tactical mobile operations.

[SM]

You May Also Be Interested In


Related Categories

Corporate News

Add Your Comment





Follow StreetInsider.com On Twitter