GTSI Awarded U.S. Marine Corps Common Hardware Suite Contract
GTSI Corp. (NASDAQ: GTSI), a systems integration, solutions and services
provider to federal, state and local government, today announced it was
selected as one of the recipients of the Marine Corps Systems Command,
GTSI Corp. (NASDAQ: GTSI), a systems integration, solutions and services provider to federal, state and local government, today announced it was selected as one of the recipients of the Marine Corps Systems Command, Marine Corps Common Hardware Suite contract. This is a three year multiple award contract with a two year option period, and has a ceiling value of $775 million. GTSI is one of 10 companies eligible to compete for delivery orders under this contract. “GTSI has a long legacy of providing mission-critical solutions to the U.S. Marine Corps,” said Jeremy Wensinger, Chief Operating Officer, GTSI. “This contract vehicle will allow us to expand our support and will enable the U.S. Marine Corps to create a standard computing environment with state-of-the-art equipment regardless of location.” The Marine Corps Common Hardware Suite provides a procurement mechanism for a wide array of equipment, including multi-purpose, ruggedized and semi-ruggedized laptops, tablets, notebooks, workstations and rack mounted servers. The contract vehicle also provides specific Contract Line Items (CLINS) that may serve the Department of Navy’s Next-Generation Enterprise Network (NGEN) hardware needs. “Information technology is at the heart of today’s modern military,” said Wensinger. “This contract award gives us the opportunity to help the U.S. Marine Corps stay connected and allow them to respond quickly to meet their global mission.” About GTSI Corp. GTSI (NASDAQ: GTSI) is a leading provider of technology solutions and professional services to federal, state and local governments. Founded in 1983, the company has helped meet the unique IT needs of more than 1,700 governmental agencies nationwide. GTSI professionals draw on their deep knowledge, strategic partnerships, customer service and more than 740 industry certifications to guide agencies in selecting the most cost-effective technology available. GTSI has extensive capabilities and past performance in software development, data center, networking, collaboration, security and cloud computing solutions. In addition, GTSI's advanced engineering, integration, support and financial services – and broad portfolio of contracts – ease the planning, purchasing and deployment of solutions, and facilitates the management of mission-critical IT throughout the lifecycle. Headquartered in Herndon, Va., GTSI has approximately 450 employees. For more information visit the company's website at www.gtsi.com.
Shares of GTSI Corporation (Nasdaq:GTSI) have taken a tremendous swing upward. The stock is trading at $7.72 as of 9:30 a.m. ET, 47.3% above Friday's closing price of $5.24. Volume is at 86,253, 5.9 times the daily average of 14,600.