PAR Technology Subsidiary Announces $7.3 Million U.S. Navy Contract Award at Aguada, PR
November 15 2018 - 07:30AM
Business Wire
PAR Technology Corporation (NYSE:PAR) today announced that the
U.S. Navy has awarded its subsidiary, Rome Research Corporation
(RRC), a five-year $7.3 million contract. The award calls for RRC
to provide 24/7/365 operation and maintenance support of the Naval
Radio Transmitter Facility (NRTF) Aguada, Puerto Rico and its Low
Frequency (LF) Fixed Submarine Broadcasting System (FSBS) with
periods of performance from September, 2018 – August 2023.
The FSBS provides strategic and tactical communications to U.S.
and allied submarine forces in the Atlantic. NRTF Aguada is a
remote facility under command of the Naval Computer and
Telecommunications Area Master Station Atlantic (NCTAMS LANT),
Norfolk, VA.
“We are pleased that the U.S. Navy has selected Rome Research
Corporation as its contractor to furnish operations and maintenance
services providing reliable, uninterrupted FSBS communications to
the warfighter,” commented Matt Cicchinelli, President of PAR’s
Government Business. “We are committed to supporting the Navy’s
strategic and tactical communications mission while delivering
unsurpassed quality, value and customer satisfaction.”
During Hurricane Maria, which affected Puerto Rico and the NRTF
Aguada site in September 2017, RRC partnered with the NRTF Aguada
customer that quickly restored operations despite significant
challenges with flooding and logistics.
Contract support services include transmitter site operations
and maintenance, antenna tower maintenance, facilities upkeep and
grounds maintenance.
ABOUT PAR TECHNOLOGY CORPORATIONPAR Technology
Corporation (PAR) is a leading global provider of software,
systems, and service solutions to the restaurant and retail
industries. Today, with 40 years of experience and point of
sale systems in nearly 100,000 restaurants and more than 110
countries, PAR is redefining the point of sale through cloud
software and bringing technological innovation to all corners of
the enterprise. 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. PAR
Technology Corporation's stock is traded on the New York Stock
Exchange under the symbol PAR. For more information, visit
www.partech.com or connect with PAR on Facebook at
www.facebook.com/parpointofsale or Twitter at
www.twitter.com/Par_tech.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181115005164/en/
Christopher R. Byrnes (315) 738-0600 ext.
6226chris_byrnes@partech.com, www.partech.com
PAR Technology (NYSE:PAR)
Historical Stock Chart
From Feb 2024 to Mar 2024
PAR Technology (NYSE:PAR)
Historical Stock Chart
From Mar 2023 to Mar 2024