PAR Technology Awarded $48 M US Army Contract
- Largest Contract Award in Company History
PAR Government Systems Corporation (PGSC), a subsidiary of PAR Technology Corporation (NYSE:PAR), was awarded a contract by the U.S. Army Contracting Command/Aberdeen Proving Ground (ACC/APG) Natick Contracting Division in support of US warfighters and coalition partners by providing advanced Full Motion Video (FMV), Geospatial Information Systems (GIS) and Intelligence Surveillance and Reconnaissance (ISR) software and hardware technologies. The indefinite delivery/indefinite quantity (IDIQ) contract has a five year period of performance with a total contract ceiling value of $48 million.
The IDIQ contract supports rapid response capability for the FMV, GIS and ISR technologies required in forward theaters of operation for both U.S. military and Coalition warfighters. PAR Government has been working with the Natick Contracting Division and the U.S. Air Force Life Cycle Management Center (AF LCMC), Battle Management Directorate, Force Protection Division to streamline the transition of near-ready, ready and working technologies to the warfighter.
Defense Related Video Analytics, IVS & ISR Technologies & Global Market 2015-2020
“Emerging and mature FMV, GIS and ISR related technologies will play an important role in achieving and maintaining information dominance,” said Steve Lynch, PGSC president. “This dominance will be accomplished by technology generation, integration and the rapid fielding of computer-based solutions and equipment. We look forward to providing research, development, operational support, deployment and training necessary to transition FMV, GIS and ISR capabilities to the warfighter.”
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Source : PAR Technology Corp.