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PAR PAR Technology Corp

43.24
1.48 (3.54%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
PAR Technology Corp NYSE:PAR NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.48 3.54% 43.24 44.08 41.46 42.04 257,825 01:00:00

PAR Technology Subsidiary Announces New $1.8 Million U.S. Navy Prime Contract Award in Djibouti, Africa

25/05/2016 12:30pm

Business Wire


PAR Technology (NYSE:PAR)
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PAR Technology Corporation (NYSE:PAR) today announced that its subsidiary, Rome Research Corporation (RRC), has been awarded a 27-month, $1.8 million prime contract to provide engineering services and installation of critical telecommunications infrastructure at the Camp Lemonnier, Djibouti (CLDJ) Africa. CLDJ is the primary U.S. Navy base for all operations in the Horn of Africa region.

Commenting on the award, Matt Cicchinelli, President of PAR’s Government Business, stated, “The Horn of Africa Region has been a key point in our nation’s operational posture. We are pleased that the U.S. Navy selected our Company for engineering and installation services at Camp Lemonnier. This contract expands our presence in Africa and will only enhance our efficiency and service quality to the region.”

ABOUT PAR GOVERNMENT SYSTEMS CORPORATION

PAR Government, headquartered in Rome, New York, provides Intelligence, Surveillance and Reconnaissance solutions to US Department of Defense, US Government agencies, and private industry. During 40 years of service, PAR Government has earned the reputation for developing high quality products ranging from theoretical and experimental studies to operational capability. For more information, visit www.pargovernment.com.

ABOUT PAR TECHNOLOGY CORPORATION

PAR Technology Corporation's stock is traded on the New York Stock Exchange under the symbol PAR. PAR’s Government Business segment provides solutions and products for the geospatial intelligence community and highly-specialized technical services to the Department of Defense and various federal agencies. PAR’s Hospitality Business segment is a leading provider of restaurant and retail technology. Visit www.partech.com for more information or connect with PAR on Facebook at www.facebook.com/parpointofsale or Twitter at www.twitter.com/Par_tech.

PAR Technology CorporationChristopher R. Byrnes, 315-738-0600 ext. 6226cbyrnes@partech.com

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