Applied Signal Technology, Inc. (AST) (NASDAQ:APSG), a market leader in advanced intelligence, surveillance, and reconnaissance (ISR) and cybersecurity solutions, today announced that it has received an indefinite delivery, indefinite quantity (IDIQ) contract from an undisclosed customer. The contract, which has a total ceiling value of $232 million, will provide a wide range of advanced ISR capabilities and related services to the U.S. Government over the next five years. Under this contract, AST will develop and integrate specialized signal processing equipment as well as assist with system deployment, operations, and maintenance.
About Applied Signal Technology, Inc.
Applied Signal Technology, Inc. is a leading provider of advanced intelligence, surveillance and reconnaissance (ISR) products, systems, and services that enhance global security. For further information about Applied Signal Technology, visit our website at www.appsig.com.