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Globecomm Systems Awarded $1.9 Million Follow-On Contract
Hauppauge NY (SPX) Aug 31, 2004 Globecomm Systems, a global provider of end-to-end satellite-based communications solutions, today announced that it has been awarded a follow-on contract from an existing customer valued at approximately $1.9 million. On July 1, 2003, Globecomm announced the receipt of an $8.3 million contract from the customer, a global multilateral organization, for fixed and transportable earth station terminals, which included $26.7 million in follow-on options. Under the terms of that contract, the customer previously exercised $7.1 million in follow-on options, has now exercised an additional $1.9 million and has the right to exercise an additional $17.7 million. Community Email This Article Comment On This Article Related Links http://www.globecommsystems.com/ SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express VSAT News - Suppliers, Technology And Applications
SkyTerra Announces Plans To Separate Into Two Public Companies
New York (SPX) Sep 23, 2005SkyTerra Communications announced Thursday that it plans to separate into two publicly owned companies: SkyTerra, which would solely hold SkyTerra's current stake in each of Mobile Satellite Ventures and TerreStar Networks; and a newly formed entity that would own all of SkyTerra's other assets including its managing interest in Hughes Network Systems. |
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