This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Globecomm Systems Receives $3.5 Million Contract To Provide The U.S. Navy’s First Onboard IP Video Entertainment System

Stocks in this article: GCOM

Globecomm Systems Inc. (NASDAQ: GCOM), a leading global provider of communications solutions and service, announced today that as a Cisco Service Provider Video Technology Partner, it has been selected to deliver an enhanced communications distribution infrastructure for the Navy’s newest nuclear supercarrier, Gerald R. Ford (CVN78). The contract, valued at $3.5 million, represents a significant technological upgrade to the Navy’s existing analog system for video acquisition and onboard content delivery.

As a turnkey solutions provider / systems integration (SI) subcontractor to Huntington Ingalls Industries’ Newport News Shipbuilding operation, the Globecomm/Cisco team has employed best-in-class solutions from Cisco’s digital media suite. The design consists of a multi-functional, satellite-based entertainment system for a ship under construction—the first of the new Ford-class supercarrier. The new enhanced SITE TV—the first IP video system for the U.S. Navy fleet—will provide tremendous cost savings, along with enhanced quality, scalability, and flexibility to add new capabilities and services in the future. Globecomm and Cisco will document the architecture for publication to potential customers illustrating the enticing business case of enhanced services and the potential for OPEX reductions.

A 10G Cisco backbone will support the system as well as the ship’s video surveillance capabilities, providing sailors with access to live streaming media options, multimedia programming access while at sea, as well as pier-side cable services. It will also provide an interface to the ship’s onboard video production studio where live or pre-recorded broadcasts can be accessed and viewed. Other capabilities include video on demand (VoD), digital signage and collaborative access via Cisco’s Show and Share webcasting and video sharing application.

Keith Hall, President and Chief Operating Officer of Globecomm Systems, said: “Highly individualized system design and a proactive approach to future-proof infrastructures are at the heart of Globecomm’s expertise in the design, implementation and integration of content delivery systems and mobile technologies. Globecomm’s designation as an Authorized Service Provider Video Partner required extensive training and program prerequisites to sell, deploy and support Cisco’s solutions. As a Cisco silver partner, we believe that Cisco’s advanced digital media capabilities provide the highest quality solution for this important installation and we will continue to identify opportunities to implement innovative solutions for projects with similar requirements to SITE TV.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,443.11 +55.90 0.32%
S&P 500 2,031.74 +2.19 0.11%
NASDAQ 4,708.43 +26.9330 0.58%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs