Strong government sales propel TCS record results
"These results were driven by our TotalCom™ solutions for federal government customers, as well as by our commercial 9-1-1 services for network operators and state and local governments. The microDATA acquisition, which closed at the beginning of July, contributed to growth in our Commercial segment, while our Government segment generated strong sequential and year-over-year organic growth driven by continued demand for TCS' deployable secure communication systems, managed services and field support," Tose added.
TeleCommunication Systems, Inc. has been selected as one of 20 awardees under the Global Tactical Advanced Communication Systems and Services (GTACS) contract. The multiple-awardee, Indefinite Delivery – Indefinite Quantity (IDIQ) vehicle has an estimated ceiling of $10 billion over five years.
This contract enables DoD agencies to purchase TCS' turnkey family of deployable satellite systems and associated support services for the Warfighter Tactical Communications Systems and Services (WTCSS) through the Department of the Army, Assistant Secretary for Acquisition, Logistics, and Technology, Program Executive Office Command, Control, Communications-Tactical (PEO C3T's), Special Projects Office, Northeast Regional Response Center (NRRC).
For the past 25 years, TCS has established a proven track record as a trusted provider of communication technology solutions to solve the government's toughest technical challenges, under conditions that demand the highest level of reliability, availability and security. To ensure mission continuity and to meet the need for more flexible, mobile wireless services, TCS TotalCom™ offers deployable, highly secure communicationsolutions and complete end-to-end managed services for converged (IP-based) voice, video and data solutions to organizations requiring seamless and secure connectivity between fixed sites and remote operations around the world.
"TCS was selected last month as one of eight awardees on a $2.6 billion custom SATCOM solutions contract or 'CS2,' which will be the main contract vehicle for the DoD and federal civilian agencies to purchase commercial SATCOM solutions for the next several years," said Tose. "The award is expected to expand our access to business opportunities well-suited for our TotalCom wireless technology. We anticipate award notices to participate in two more multi-billion dollar contract vehicles: the Army's GTACS and Homeland Security's Eagle II, late in the fourth quarter. These awards would enhance our visibility and prospects for 2013.
"Commercial orders for NextGen 9-1-1 business to date via microDATA have been realized as expected. We remain confident in the growing value of the company's assets as we redirect emphasis by our commercial applications and infrastructure team toward network security solutions and customers beyond wireless carriers, including mobile device manufacturers and over-the-top service providers. TCS has unique depth of expert technical resources for enabling reliable and secure communications for government and enterprise networks. This experience, coupled with our scale, differentiates our company as we bid on large government contracts and commercial business globally."
