Globecomm Awarded Satellite Ground Terminals Contract
[Satellite Today 11-05-08] Globecomm Systems Inc. has been awarded a contract from an unnamed multi-national organization for satellite ground terminals, valued at approximately $27 million, Globecomm announced Nov. 5.
The contract includes the design and development of the system as well as production and integration of new ground terminals and upgrade kits for existing terminals.
Globecomm will also provide management of the project, testing and hand-over of the systems, a supply of tools, test equipment and documentation and training of users and maintainers.
The company said it does not anticipate recognizing any significant revenue in the current fiscal year related to this contract.