Satellite communications company - Globecomm Systems Inc. said that its subsidiary Cachendo has been awarded a one-year information-technology support deal from the U.S. Agency for International Development.The contract is valued at $9 million.
Cachendo is a subcontractor to Catapult Technology Ltd. under the contract. The agreement includes options, which if exercised, would bring the total contract value up to $44.2 million over five years.
The U.S. Agency for International Development administers the U.S. foreign assistance program providing economic and humanitarian assistance in more than 80 countries worldwide.
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