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Globecomm Systems Awarded $9.9 Million U.S. Government Contract to Develop Next Generation IP Modem with ViaSat.

Publication: Business Wire
Publication Date: 12-NOV-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
HAUPPAUGE, N.Y. -- Globecomm Systems Inc. (NASDAQ: GCOM), a leading provider of satellite-based communications infrastructure solutions and services on a global basis, today announced that the Company has been awarded a contract from the U.S. Army's Communications - Electronic Life Cycle Management Command under the Program Executive Office Enterprise Information Systems (PEO EIS) Project Manager Defense Communications and Army Transmission Systems' (PM DCATS) World Wide Satellite Systems (WWSS) Program to provide the Joint IP Modem (JIPM). The contract is valued at $9.9 million and includes multiple options that if fully exercised over the next three years would value the contract at $87 million. Globecomm Systems will lead this effort for the U.S. Government providing program management and services. ViaSat Inc. (Nasdaq:VSAT) will work with Globecomm Systems as...

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