Entering text into the input field will update the search result below

TeleCommunication Systems, Inc. (TSYS) Named Awardee On $48 Million Contract For Command, Control, Communications, And Computer Support

Jul. 12, 2013 3:36 PM ETTSYS
MissionIR profile picture
MissionIR's Blog
133 Followers
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Small cap

Seeking Alpha Analyst Since 2010

We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices. It is our unwavering commitment to connect the investment community with companies that have great potential and a strong dedication to building shareholder value. View our website at www.MissionIR.com MissionIR provides investor relations services to publicly traded companies in exchange for compensation. The content we provide via Seeking Alpha may be part of our efforts to widen a client’s exposure. To read our full disclaimer, visit http://disclaimer.missionir.com.

TeleCommunication Systems, a world leader in highly reliable and secure mobile communication technology, today announced that it, along with five others, has been selected as an awardee under a Command, Control, Communications and Computer (C4) Support contract. The multiple-awardee, Indefinite Delivery - Indefinite Quantity (IDIQ) vehicle has a maximum award to each awardee of $8 million, with an estimated ceiling of $48 million over three years, unless amended higher by the contracting officer.

News Facts:

• This contract allows agencies within the Department of Defense to purchase TCS' family of C4 support services, including systems analysis support, systems integration support, and operational systems support.
• Individual task orders are to be awarded through the Department of the Army, Program Executive Office, Enterprise Information Systems (PEO EIS).
• This contract replaces the Integration, Production, Training and Lifecycle Sustainment Support on C4 Communications System for Tactical & Wideband/Vehicular/Shipboard & Aircraft Platforms contract and options.

TCS has, for the past 25 years, established a proven track record as a trusted provider of communication technology solutions to solve the government's toughest technical challenges, under conditions that demand the highest level of reliability, availability, and security. TCS TotalCom, in an effort to meet the need for more flexible wireless services and to ensure mission continuity, offers deployable, highly secure communication solutions and complete end-to-end managed services for converged (IP-based) voice, video, and data solutions to organizations requiring seamless and secure connectivity between fixed sites and remote operations around the world.

TCS Government Solutions Group President Michael Bristol commented: "TCS has enjoyed a good working relationship with the PEO EIS for several years, with exceptional past performance on previous task orders on similar IDIQs. This contract is further proof that our C4 support, which we provide at a competitive cost, is meeting the government's needs. TCS was an awardee under the previous contract, and we look forward to continuing our efforts for the next three years."

For more information on TeleCommunication Systems, visit www.telecomsys.com

Please see disclaimer on the MissionIR website
http://www.missionir.com/disclaimer.html

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.