Rome Research Corporation (RRC), a subsidiary of PAR Technology Corporation (NYSE:PAR), today announced that the U.S. Navy awarded the company a contract to provide Teleport Commercial Satellite Terminal services at the Global Information Grid (GIG) facility in Lago Patria, Italy. The value of the contract is $6.8 million. RRC operates similar facilities for the Navy at Chesapeake, Va., and for the Army in Landstuhl, Germany, and at Camp Roberts in California.
“We are pleased that the Navy has selected Rome Research Corporation once again to support their I/T communications mission in Lago Patria, Italy. PAR’s expertise and knowledge in operating teleport systems at this and other locations, as well as its ability to provide experienced personnel at the lowest cost, were key factors in the award decision,” commented Steve Lynch, President of PAR’s Government Operations. “We look forward to continuing to support the Navy’s communications mission at Lago Patria.”
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.
ABOUT RRCRome Research Corporation, headquartered in Rome, New York, is a telecommunications and information technology services company that provides on-site support to the U.S. Department of Defense and other federal government agencies. RRC has 40 years of experience, with operations at 25 locations worldwide. For more information, visit www.romeresearch.com. ABOUT PAR TECHNOLOGY 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 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. PAR’s Hospitality business also markets hotel management systems that provide a complete suite of powerful tools for guest management, recreation management, and timeshare/condo management. In addition, PAR provides the spa industry a leading management application that was specifically designed to support the unique needs of the resort spa and day spa markets, a rapidly growing hospitality segment. Products from PAR also can be found in retailers, cinemas, cruise lines, stadiums and food service companies. PAR also provides technology solutions to the Department of Defense and other federal agencies to address evolving intelligence, surveillance, and reconnaissance needs, as well as being a leading provider of military communications support services.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV