PAR Technology Subsidiary Announces New $4.5 Million Contract from Air Force Research Laboratory in Rome, NY
February 06 2018 - 8:39AM
Business Wire
PAR Technology Corporation (NYSE:PAR) announces that its
subsidiary, PAR Government Systems Corporation (PGSC), was awarded
a $4.5 million research and development contract from the U.S. Air
Force called “Synchronized Command and Control Multi-Domain Test
and Integration” (SC2MDTI). SC2MDTI is a three-year program with
the Air Force Research Laboratory (AFRL) Information Directorate,
under which, PAR Government will perform research and development
of state-of-the-art solutions for Command, Control, Communications,
and Computer, Intelligence, Surveillance, and Reconnaissance
(C4ISR) systems across the cyber, air, and space domains. PAR will
integrate and experiment with next generation computing and network
architectures. The contract work will be performed by PAR
Government’s Intelligence, Surveillance and Reconnaissance (ISR)
business sector.
“We are pleased that AFRL has chosen PAR Government to support
this important solution development and integration. PAR Government
will utilize and apply our staff’s in-depth experience and
knowledge with C4ISR systems to accomplish the requirements of this
effort,” commented Matt Cicchinelli, President of PAR
Government.
ABOUT PAR TECHNOLOGY CORPORATION
PAR Technology Corporation's stock is traded on the New York
Stock Exchange under the symbol PAR. PAR’s Restaurant/Retail
segment has been a leading provider of restaurant and retail
technology for more than 30 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 segment has 40+ years of experience in providing
solutions and products for the geospatial intelligence community
and highly specialized technical services to the Department of
Defense and various federal agencies. For more information, visit
https://www.partech.com/ or connect with PAR on Facebook and
Twitter.
###
View source
version on businesswire.com: http://www.businesswire.com/news/home/20180206005777/en/
PAR Technology CorporationChristopher R. Byrnes, 315-738-0600
ext. 6226chris_byrnes@partech.comwww.partech.com
PAR Technology (NYSE:PAR)
Historical Stock Chart
From Mar 2024 to Apr 2024
PAR Technology (NYSE:PAR)
Historical Stock Chart
From Apr 2023 to Apr 2024