TeleCommunication Systems Receives $60.8 Million World-Wide Satellite Systems Order From U.S. Army

TeleCommunication Systems, Inc. TSYS today announced that it has been awarded a new order with a ceiling value of $60.8 million to provide Tactical SHF Satellite Terminals to the U.S. Army. The order is initially funded at $53.1 million and will be funded up to a total of $60.8 million if the options are fully exercised. This award was made under the Army's $5 billion World-Wide Satellite Systems Indefinite Delivery Indefinite Quantity contract vehicle in support of the Program Manager for the Warfighter Information Network-Tactical. Delivery of the terminals is expected in the second and third quarters of 2012.