Globalstar Terminates Contract With Spectrum Signal Processing

Globalstar Inc. ended a contract with Spectrum Signal Processing Inc. for asset tracking services support, Spectrum announced June 21. Under the agreement, Spectrum supplied hardware, software and engineering services for modifying Globalstar’s network of ground stations to meet the needs of an unnamed customer. Spectrum will receive about $960,000 for its work on a contract that had been valued at $1 million.

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