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TeleCommunication Systems Awarded $13.7 Million to Supply Managed Satellite Services to the U.S. Marine Corps

September 11, 2014 at 12:00 AM EDT
TeleCommunication Systems Awarded $13.7 Million to Supply Managed Satellite Services to the U.S. Marine Corps

Note: Comtech Acquired TCS on 2/23/2016

ANNAPOLIS, Md., Sept. 11, 2014 /PRNewswire/ -- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that Defense Information Systems Agency (DISA) has exercised the first option year period under which TCS will continue to provide Ku satellite bandwidth, terrestrial support and 24-hour support services for the U.S. Marine Corps' Tactical Satellite Communications Network. The additional $13.7 million funding covers the first option year term, for the period from August 1, 2014 through July 31, 2015.

News Facts:

  • This contract was issued under the joint DISA/GSA Future Commercial Satcom Acquisition program. The U.S. General Services Administration and DISA are managing this procurement through the $2.6 billion Custom SATCOM Solutions (CS2) contract vehicle.
  • The CS2 contract has a base term of three years, ending August 2015 with two subsequent one-year option terms.
  • TCS is one of eight prime contract awardees under the $2.6 billion CS2 vehicle, which was awarded in August 2012.
  • TCS is providing the Marine Corps with commercial satellite services to various terminals in order to extend the Marine Corps Enterprise Network for deployed users.
  • As real-world missions arise, TCS has created a cost-efficient managed services solution through a network of commercial satellite bandwidth pools that has the flexibility to increase bandwidth in one region and decrease bandwidth in another region, thereby supporting the Marine Corps' diverse operations.

TCS Government Solutions Group President Michael Bristol said: "With TCS' extensive past performance in VSAT, baseband, field support and managed services, our customer service and delivery continue to meet our customer's expectations. TCS has adapted to our customer requirements by building a flexible managed services network that provides on-demand surge and regional pooling of bandwidth. As we move into the second year of this global Ku bandwidth contract, we will continue to provide the Marine Corps with a communications network anywhere and anytime to support their critical missions." 

TCS' Government Solutions Group has a 27-year track record as a proven, trusted provider of communication technology solutions to the government's technical challenges, under conditions that demand the highest level of reliability, availability and security. TCS satellite communications experience includes standards-compliant design as well as technically advanced production, deployment, installation, operation, service and maintenance. TCS' dedicated Operations and Maintenance division currently supports thousands of systems around the globe, ensuring that products and turnkey solutions are supported and available in their intended environments. Learn more at TCS Professional Services.



About TeleCommunication Systems, Inc.
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) is a world leader in highly reliable and secure mobile communication technology. TCS infrastructure forms the foundation for market leading solutions in E9-1-1, text messaging, commercial location and deployable wireless communications. TCS is at the forefront of new mobile cloud computing services providing wireless applications for navigation, hyper-local search, asset tracking, social applications and telematics. Millions of consumers around the world use TCS wireless apps as a fundamental part of their daily lives. Government agencies utilize TCS' cyber security expertise, professional services, and highly secure deployable satellite solutions for mission-critical communications. Headquartered in Annapolis, MD, TCS maintains technical, service and sales offices around the world. To learn more about emerging and innovative wireless technologies, visit www.telecomsys.com.

Except for the historical information contained herein, this news release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. These statements are subject to risks and uncertainties and are based upon TCS' current expectations and assumptions that if incorrect would cause actual results to differ materially from those anticipated. Risks include without limitation the possibility that the contract options will not be exercised, that the contract will not be fully funded and those detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended December 31, 2012 and on Form 10-Q for the quarter ended June 30, 2014.

Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update or revise the information in this press release, whether as a result of new information, future events or circumstances, or otherwise.

Media Contact for Comtech Telecommunications Corp.:
Michael D. Porcelain, Senior Vice President and Chief Financial Officer
(631) 962-7103
Info@comtechtel.com