KEYW Awarded Five-Year Contract for Airborne Collection Services
September 19 2016 - 10:06AM
The KEYW Holding Corporation (NASDAQ:KEYW) announced today that it
has received a five-year contract from Leidos Inc. to provide
global airborne collection services valued at $268.5 million if all
options are exercised to support the Army Geospatial Center’s
High-Resolution, 3-D Geospatial Information program. The
contract comprises a base period of performance valued at $49.5
million and four option years.
KEYW's high-resolution imaging technology has
evolved from urban counter-IED missions to wide-area,
high-resolution, three-dimensional geospatial information (HR3DGI)
missions around the world. KEYW also develops and operates a range
of additional capabilities including synthetic aperture radar,
radio-frequency survey, hyperspectral imaging and other
custom-built sensors. For more information, please visit
www.keywcorp.com.
About KEYWKEYW is a total
solutions provider for the Intelligence Community’s toughest
challenges. We support the collection, processing, analysis
and dissemination of information across the full life cycle of the
Intelligence Community’s mission. We employ and challenge the
most talented professionals in the industry with solving such
complex problems as preventing cyber threats, transforming data
into intelligence and combating global terrorism. For more
information contact KEYW, 7740 Milestone Parkway, Suite 400,
Hanover, Maryland 21076; Phone 443-733-1600; Fax 443-733-1601;
E-mail investors@keywcorp.com; or on the Web at
www.keywcorp.com.
Forward-Looking Statements: Statements
made in this press release that are not historical facts constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements
include but are not limited to statements about our future
expectations, plans and prospects, and other statements containing
the words “estimates,” “believes,” “anticipates,” “plans,”
“expects,” “will,” “potential,” “opportunities,” “if,” and similar
expressions. Our actual results, performance or achievements or
industry results may differ materially from those expressed or
implied in these forward-looking statements. These statements
involve numerous risks and uncertainties, including but not limited
to those risk factors set forth in our Annual Report on Form 10-K,
dated and filed March 15, 2016 with the Securities and Exchange
Commission (SEC) as required under the Securities Act of 1934, and
other filings that we make with the SEC from time to time.
Due to such uncertainties and risks, readers are cautioned not to
place undue reliance on such forward-looking statements. KEYW
is under no obligation to (and expressly disclaims any such
obligation to) update or alter its forward-looking statements
whether as a result of new information, future events or
otherwise.
Media Contact:
Heather Williams
443-733-1600
Investor Contact:
Chris Donaghey
443-733-1600
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