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PAR Technology wins USD26.2m prime contract award.

Global Banking News-August 16, 2019-PAR Technology wins USD26.2m prime contract award

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Intelligence & surveillance company PAR Technology Corporation (NYSE:PAR) disclosed on Thursday that its subsidiary, Rome Research Corporation (RRC), has received a contract with a potential and expected total value of USD26.2m from the United States Navy.

This firm-fixed-price contract has a term of five years (base plus five options) and it represents continuing work for RRC.

The contract provides support to operate and maintain the US Navy Satellite Communications Facility (NAVSATCOMMFAC) Northwest, located in Chesapeake, Virginia and a component activity of the Naval Computer and Telecommunications Area Master Station Atlantic (NCTAMSLANT) in Norfolk, Virginia.

Under the contract, RRC will provide 24/7/365 operation and maintenance of 27 satellite terminals operating in both the military and civilian satellite communication frequency bands.

Support includes the Defense Information Systems Agency (DISA) Military Satellite Communications (MILSATCOM) Branch, DISA Teleport Program Office (TPO), Mobile User Objective System (MUOS) and other defense communication Program Offices.

((Distributed via M2 Communications - http://www.m2.com))

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Publication:Global Banking News (GBN)
Geographic Code:1U5VA
Date:Aug 16, 2019
Words:179
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