Globecomm Systems Inc. [NASDAQ: GCOM] announced today that the Company has been awarded a contract from a US Government agency valued at $1.9 million. This contract is a combined effort between Globecomm’s wholly-owned subsidiaries, Globecomm Services Maryland (GSM) and Cachendo. The Company anticipates the contract to be fully executed in the current fiscal year ending June 30, 2012.
Under the terms of the contract, Globecomm will provide IT support services relating to Internet connectivity via its teleport facilities, IP telephone, Satellite television, and WAN optimization. In addition, the contract includes program management, operations and maintenance, systems development, communications and field operations support, IT equipment procurement, maintenance, storage, distribution, and network connectivity.