xG Technology Awarded Subcontract by CACI on $497 M Multiple-Award Contract

xG Technology, Inc. ("xG" or the "Company") (Nasdaq: XGTI, XGTIW), a developer of wireless communications and spectrum-sharing technologies, has announced that it has been awarded a subcontract by CACI International Inc (NYSE: CACI) to provide communications and network services on CACI's prime contract with the U.S. Army's Communications-Electronics Research, Development and Engineering Center (CERDEC) Space and Terrestrial Communications Directorate (S&TCD).  The five-year (three base plus two options) multiple-award indefinite delivery/indefinite quantity (IDIQ) prime contract has a ceiling value of $497 million. With the award, which represents new work, xG Technology is positioned to expand its presence in its cognitive radio market area.

This represents the second subcontract awarded to xG Technology under the multiple-award contract. The initial subcontract award was announced by xG on June 23, 2014.

CERDEC develops and integrates C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance) technologies that enable information dominance and decisive lethality for the networked troops. The Space and Terrestrial Communications Directorate (S&TCD), part of the CERDEC, provides secure wireless military communications and networking technologies by assuring connectivity over longer ranges and diverse terrain while in motion, boosting capacity to meet the increasing demands to the tactical edge and ensuring cyber security across the enterprise.

Under the terms of the subcontract, xG Technology will provide research, development and evaluation in support of communications and networks systems under the five S&TCD Division technology areas including antennas, system engineering, satellite communication, cybersecurity, and communications networks.

"We are honored to have been selected by CACI to participate as a subcontractor on this project, which will leverage our proven cutting-edge expertise in cognitive radio technologies to help improve the effectiveness of tactical communications," said John Coleman, CEO of xG Technology. "xG's considerable expertise in innovating spectrum sensing and sharing and interference mitigation technologies and receiver algorithms should prove instrumental in developing initiatives to improve the performance and efficiency of military communications systems." 

xMax is a comprehensive fixed and mobile broadband solution that is designed for rapid deployment and low operating costs. It offers a carrier-grade user experience and can serve as a network backbone or last-mile solution for a number of markets and applications. xMax leverages software defined radio (SDR) and cognitive radio access network technology that enable efficient sharing of both licensed and unlicensed spectrum.

Source: xG Technology, Inc.
Date: Jul 28, 2014