KEYW secures new Air Force contract and 2 contract extensions

|About: KEYW Holding (KEYW)|By:, SA News Editor

KEYW (KEYW +0.2%) has been selected as 1 of 5 awardees for the Air Force's Compact ATR Sustainable Environment program, a 7-year contract valued at $24M.

The Air Force has also elected to continue KEYW's Synthetic Aperture Radar development by 34 months with anticipated additional funding of $4M.

Separately, the Naval Research Lab has awarded KEYW additional funding related to its work on Synthetic Aperture Radar using KEYW's Multi-Band SAR system.