GTSI Corp. (GTSI) One of Five Awarded $418.5M Army Contract

August 7, 2009 8:07 AM EDT

GTSI Corp. (Nasdaq: GTSI) named as one of five awardees on an Army Program Executive office, Enterprise Information Systems (PEO-EIS) $418.52 million contract for Automatic Identification Technology (AIT) products, services, and solutions.

AIT includes the use of mobile and handheld computing devices -- connected to wireless networks and enterprise applications - to capture and process data from bar codes, item unique identification (IUID), and radio frequency identification (RFID) tags. The contract represents an extremely important undertaking for the Army as it replaces a single-source contract with a multi-award IDIQ (Indefinite Delivery/Indefinite Quantity) contract that provides greater product and solution diversity. Through this contract, GTSI will provide a wide range of services and innovative solutions to fully address the Government's AIT requirements.


Related Categories

Corporate News

Stocks Mentioned

GTSI 6.05

-0.01 -0.17%
Volume: 3,557
Track GTSI


Add Your Comment