TeleCommunication Systems gets US Army order worth up to $6.1 million
By APWednesday, July 14, 2010
TCS receives Army order for satellite trailers
ANNAPOLIS, Md. — TeleCommunication Systems Inc. on Wednesday said it has received an order worth up to $6.1 million for satellite communications trailers for the U.S. Army.
The order is initially funded at $1.5 million and could be worth $6.1 million if the Army exercises its options through August 2011.
The trailers have two workstations each and can be transported by C-130 aircraft.
The company is based in Annapolis, Md. Its shares fell 1 cent to $4.42 in afternoon trading
Filed under: Corporate, Corporate News, Finance, Government
Tags: Annapolis, Contracts And Orders, Maryland, Middle East, North America, United States
Tags: Annapolis, Contracts And Orders, Maryland, Middle East, North America, United States
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