Awarded IDIQ Subcontract
Gaithersburg, MD, July 23, 2019 AEST (ABN Newswire) - Speedcast International Ltd (
ASX:SDA) (7SC:FRA) (SPPDF:OTCMKTS) Government was awarded an Indefinite Delivery/Indefinite Quantity (IDIQ) subcontract in support of a US government defense contractor to provide technical and professional services.
The subcontract has a ceiling value of approximately $5M over a 5-year term. During the term of the subcontract, Speedcast Government will provide access control, communications and surveillance services across five geographic locations.
"Speedcast Government is proud to have been selected as a strategic partner on this program," said Moe Abutaleb, CEO of Speedcast Government. "The support we will be providing is consistent with our approach of going beyond connectivity and adding value on-the-ground for our customers."
About Speedcast International Ltd
Speedcast International Ltd (ASX:SDA) is the world's most trusted communications and IT services provider, delivering critical communications solutions to the Maritime, Energy, Mining, Media, Telecom, Cruise, NGO, Government, and Enterprise sectors. With more satellite capacity than any other provider, Speedcast enables faster, seamless pole-to-pole coverage from a global hybrid satellite, fiber, cellular, microwave, MPLS, and IP transport network with direct access to public cloud platforms. The company also integrates differentiated technology offerings that provide smarter ways to communicate and distribute content, manage network and remote operations, protect and secure investments, and improve the crew and guest experience. With a passionate customer focus and a strong safety culture, Speedcast serves more than 3,200 customers in over 140 countries. Learn more at www.speedcast.com.
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