TeleCommunication Systems Receives $1.8 Million in Contracts for Electronic Equipment and Engineering Services in Support of NASA Orion Program
(firmenpresse) - ANNAPOLIS, MD -- (Marketwire) -- 07/29/11 -- TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS), a world leader in highly reliable and secure mobile communication technology, today announced that TCS has received contracts worth $1.8 million to supply high reliability electronic parts, engineering services, prohibited materials analysis, bill-of-material kitting and long-term parts storage. TCS will deliver the contracted services in 2011 in support of NASA's Orion Multi-Purpose Crew Vehicle that will have launch capability around 2017.
TCS supplies high reliability electronic parts, materials, quality assurance services, radiation tolerant components, rugged solid state drives, custom packaging and other products and services for the aerospace, military and industrial markets. TCS' Trident division has performed total parts management for nearly every major space agency worldwide since it was founded in 1976; and it has supplied components, parts and materials for over 150 spacecraft manufactured in Europe, Asia and the Americas. TCS serves the space community with high reliability components and a broad range of services essential to long-life spacecraft.
"The NASA Orion program demands a level of performance that is very difficult to attain," said Mike Bristol, senior vice president and general manager of government solutions for TCS. "Our ability to provide highly individualized engineering and support services in a way that exceeds the most demanding expectations sets us apart. That commitment to excellence is what we bring to our client, to NASA, and to the future of manned space flight."
Orion is part of the NASA Constellation Program to send human explorers back to the moon, and then onward to Mars and other destinations in the solar system. will be capable of transporting cargo and crew members to and from the International Space Station.
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) is a world leader in highly reliable and secure mobile communication technology. TCS infrastructure forms the foundation for market leading solutions in E9-1-1, text messaging, commercial location and deployable wireless communications. TCS is at the forefront of new mobile cloud computing services providing wireless applications for navigation, hyper-local search, asset tracking, social applications and telematics. Millions of consumers around the world use TCS wireless apps as a fundamental part of their daily lives. Government agencies utilize TCS' cyber security expertise, professional services, and highly secure deployable satellite solutions for mission-critical communications. Headquartered in Annapolis, MD, TCS maintains technical, service and sales offices around the world. To learn more about emerging and innovative wireless technologies, visit .
Except for the historical information contained herein, this news release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. These statements are subject to risks and uncertainties and are based upon TCS' current expectations and assumptions that if incorrect would cause actual results to differ materially from those anticipated. Risks include without limitation those detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended December 31, 2010 and on Form 10-Q for the quarter ended March 31, 2011.
Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to update or revise the information in this press release, whether as a result of new information, future events or circumstances, or otherwise.
TeleCommunication Systems, Inc.
Meredith Allen
410-295-1865
Welz & Weisel Communications
Evan Weisel
703-218-3555
Liolios Group, Inc.
Scott Liolios
949-574-3860
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 29.07.2011 - 11:30 Uhr
Sprache: Deutsch
News-ID 39363
Anzahl Zeichen: 0
contact information:
Town:
ANNAPOLIS, MD
Kategorie:
Electronics & Communications
Diese Pressemitteilung wurde bisher 270 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"TeleCommunication Systems Receives $1.8 Million in Contracts for Electronic Equipment and Engineering Services in Support of NASA Orion Program"
steht unter der journalistisch-redaktionellen Verantwortung von
TeleCommunication Systems, Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
