TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that it has received a contract with CACI International Inc. (NYSE:CACI) to provide the U.S. Marine Corps (USMC) with Engineering Services for its Wireless Point to Point Link (WPPL) systems and commercialization effort. The contract includes a base award term of 11 months and two, 1-year option terms; all of which, if exercised, create a total contract value of $40.5 million. Initial funding of $7 million has been provided for the first six months of the base award term, starting September 1, 2013. This subcontract is part of the Rapid Response - Third Generation (R2-3G) contract which offers federal managers an efficient and effective means of acquiring critical items to sustain crucial weapon systems.
TCS has a 26-year track record as a proven, trusted provider of communication technology solutions to the government's toughest technical challenges, under conditions that demand the highest level of reliability, availability and security. To ensure mission continuity, TCS TotalCom® 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.
TCS Government Solutions Group President Michael Bristol said: "CACI is ever vigilant in meeting the needs of those who entrust them with their projects and processes. We share this value, so working with an industry leader and trusted partner like CACI is an important part of our ongoing strategy to ensure the USMC continues to have the expert, reliable support they need so their communications equipment continues operating at peak efficiency."
Source: TeleCommunication Systems, Inc.
Date: Nov 5, 2013