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PAR Technology subsidiary receives $26.2M prime contract award

Aug. 15, 2019 10:52 AM ETPAR Technology Corporation (PAR) StockBy: Akanksha Bakshi, SA News Editor2 Comments
  • PAR Technology’s (NYSE:PAR) subsidiary, Rome Research Corporation, has been awarded a five-year (base plus five options) firm-fixed-price contract with a potential and expected total value of $26.2M.
  • This contract provides support to operate and maintain the U.S. Navy Satellite Communications Facility (NAVSATCOMMFAC) Northwest located in Chesapeake 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.

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