-TeleCommunication Systems gets $2.6 billion SATCOM contract.
TELECOMWORLDWIRE-September 6, 2012--TeleCommunication Systems gets $2.6 billion SATCOM contract(C)1994-2012 M2 COMMUNICATIONS http://www.m2.com
TeleCommunication Systems, Inc. (NASDAQ: TSYS) has been selected as one of eight awardees of the Custom SATCOM Solutions contract.
This contract enables the Department of Defense and federal civilian agencies to purchase TCS end-to-end, turnkey solutions which incorporate commercial satellite communication services through both the General Services Administration and the Defense Information Systems Agency . The multiple-awardee, Indefinite Delivery Indefinite Quantity contract, with an estimated ceiling of $2.6 billion over five years, is part of the Future Commercial Satellite Communications Services acquisition strategy established by the GSA and DISA to consolidate transponded capacity (satellite bandwidth), subscription services (including terminal and bandwidth combinations) and end-to-end solutions contracting vehicles into one program for procuring custom satellite communication solutions from a select group of qualified contractors.
TCS senior vice president and general manager of government Solutions, Michael Bristol said, "This award significantly expands TCS access to business opportunities well-suited to TCS TotalCom solutions. For the next several years, CS2 will be the main contract vehicle for the DoD and federal civilian agencies to purchase commercial satcom solutions. This contract vehicle aligns perfectly with our business model. We are a value-added systems integrator that provides mission-critical Total Communication Solutions consisting of deployable satcom equipment, managed satcom network services and field support staff."
TeleCommunication Systems infrastructure forms the foundation for market leading solutions in E9-1-1, text messaging, commercial location and deployable wireless communications. TCS is at the forefront of new mobile cloud computing services providing wireless applications for navigation, hyper-local search, asset tracking, social applications and telematics. millions of consumers around the world use TCS wireless apps as a fundamental part of their daily lives. Government agencies utilize TCS' cyber security expertise, professional services, and highly secure deployable satellite solutions for mission-critical communications. Headquartered in Annapolis, MD, TCS maintains technical, service and sales offices around the world. To learn more about emerging and innovative wireless technologies, visit www.telecomsys.com.
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|Date:||Sep 6, 2012|
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