PAR Technology Subsidiary Awarded $13.6 Million U.S. Navy Contract at Lago Patria, Italy
August 09 2016 - 7:30AM
Business Wire
PAR Technology Corporation (NYSE:PAR) today announced that its
indirect wholly-owned subsidiary, Rome Research Corporation (RRC),
has been awarded a five-year, $13.6 million contract from the U.S.
Navy to provide Teleport Commercial Satellite Terminal services at
the Global Information Grid (GIG) facility in Lago Patria, Italy,
and other remote locations.
The GIG is the global network of information capabilities,
processes and personnel for collecting, processing, storing,
disseminating and managing information on demand for use by
military commanders, policy makers and support personnel. The grid
supports Department of Defense (DoD), national security and related
intelligence community missions and functions (strategic,
operational, tactical and business) in war and in peace. The GIG
provides capabilities to operating locations that include bases,
posts, camps, stations, facilities, mobile platforms and deployed
sites. It also provides interfaces to coalition, allied and non-DoD
users and systems.
“Our employees are passionate about what they do to support the
warfighter and we are honored that the Navy continues to entrust
RRC with this mission-critical contract,” commented Matthew
Cicchinelli, President of PAR’s Government Business. “The company’s
expertise and knowledge in operating teleport systems at this and
other locations were important factors in the award decision.”
ABOUT PAR TECHNOLOGY CORPORATION
PAR Technology Corporation's stock is traded on the New York
Stock Exchange under the symbol PAR. PAR’s Hospitality segment has
been a leading provider of restaurant and retail technology for
more than 35 years. PAR offers technology solutions for the full
spectrum of restaurant operations, from large chain and independent
table service restaurants to international quick service chains.
Products from PAR also can be found in retailers, cinemas, cruise
lines, stadiums and food service companies. PAR’s Government
Business is a leader in providing computer-based system design,
engineering and technical services to the Department of Defense and
various federal agencies. For more information visit
http://www.partech.com or connect with us on Facebook and
Twitter.
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version on businesswire.com: http://www.businesswire.com/news/home/20160809005335/en/
PAR Technology CorporationChristopher R. Byrnes, 315-738-0600
ext. 6226cbyrnes@partech.comwww.partech.com
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