Globecomm Systems Inc. [GCOM] was awarded a contract from an existing, unnamed customer valued at approximately $1.5 million. The contract is a follow-on to an existing $8.3 million contract from the global multilateral organization for fixed and transportable earth station terminals, and it is part of previous provisions for as much as $26.7 million in follow-on options.
Globecomm Wins $1.5 Million Contract
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