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Satnews Daily
January 17th, 2009

Financially Speaking... Globecomm Systems... Contract Congratz...


GSI's AxxSys Orion pdf page Globecomm Systems Inc. (NASDAQ: GCOM) has received multiple contract awards from various Government agencies that are valued at $6.0 million.

The contracts include-L-band terminal upgrades with technology refresh initiatives, including L band frequency architecture, with related subsystems, and Globecomm's AxxSys Orion Monitor and Control System. Globecomm anticipates the upgrades to be completed in the Company's fiscal 2010 second quarter, ending December 31, 2009.