William Garrison
Micro-cap, small-cap, mid-cap, long/short equity

RELM Wireless Corp. Continues To Battle Against The Competition

RELM Wireless Corp. (NYSEMKT:RWC) announced two potentially large contract wins this morning, winning deals valued up to $9.5 million of land mobile radios and accessories for delivery before July 31, 2017. These contracts are part of the U.S. Department of Homeland Security's (DHS) Tactical Communications Contract (TacCom), originally issued in March, 2012. DHS indicated that the total value of the contract could be as high as $3 billion in purchases over the life of the contract. I would speculate that Motorola Solutions, Inc. (NYSE:MSI) also will have positive news to report regarding this DHS contract opportunity. It is my understanding that MSI was awarded a high percentage of the initial awards made in mid-2012. RELM...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details