Key Developments: TeleCommunication Systems Inc (TSYS.O)

TSYS.O on Nasdaq

2.81USD
1:34pm EDT
Price Change (% chg)

$-0.05 (-1.75%)
Prev Close
$2.86
Open
$2.88
Day's High
$2.88
Day's Low
$2.80
Volume
19,441
Avg. Vol
205,843
52-wk High
$3.59
52-wk Low
$2.08

Search Stocks

Latest Key Developments (Source: Significant Developments)

TeleCommunication Systems Inc and L.R. Kimball partner to enable advanced cybersecurity services for public safety, state and local government entities
Monday, 13 Oct 2014 09:16am EDT 

TeleCommunication Systems Inc and Secure Mobile Communication Technology:Announces partnership with L.R. Kimball, CDI company.To provide network security consulting and services to state and local government organizations.TCS-Kimball partnership focuses on critical infrastructure protection for agencies including public safety agencies, education institutions and social services.Partnership initiated its first customer engagement this month with Midwest state-university system for network security analysis.  Full Article

TeleCommunication Systems Inc awarded $13.7 mln to supply managed satellite services to the U.S. Marine Corps
Thursday, 11 Sep 2014 08:00am EDT 

TeleCommunication Systems Inc:Says that Defense Information Systems Agency (DISA) has exercised the first option year period under which TCS will continue to provide Ku satellite bandwidth, terrestrial support and 24-hour support services for U.S. Marine Corps' Tactical Satellite Communications Network.Additional $13.7 mln funding covers first option year term, for period from Aug. 1, 2014 through July 31, 2015.This contract was issued under the joint DISA/GSA Future Commercial Satcom Acquisition program.The U.S. General Services Administration and DISA are managing this procurement through $2.6 bln Custom SATCOM Solutions (CS2) contract vehicle.Says CS2 contract has base term of three years, ending August 2015 with two subsequent one-year option terms.TeleCommunication Systems, Inc (TCS) is providing Marine Corps with commercial satellite services to various terminals in order to extend Marine Corps Enterprise Network for deployed users.  Full Article

TeleCommunication Systems to provide navigation solution for AT&T Drive Studio
Tuesday, 9 Sep 2014 08:00am EDT 

TeleCommunication Systems Inc:Says it is providing its navigation solution for AT&T Drive Studio.As part of this agreement, AT&T is integrating the TCS Location ToolKit within the AT&T Drive Studio.  Full Article

TeleCommunication Systems receives delivery order from U.S. Army for nearly $10 mln of Tactical Transportable Tropo Systems
Wednesday, 13 Aug 2014 08:00am EDT 

TeleCommunication Systems Inc:Receives delivery order from U.S. Army for equipment and maintenance of Tactical Transportable Troposcatter (3T) Systems.The initial funded value is $5.3 mln for the period from August 2014 through Feb. 2016, and ceiling contract value, including funded and unfunded amounts, is nearly $10 mln.  Full Article

TeleCommunication Systems awarded contract by Sypris Electronics, LLC for customized cyber training curriculum
Tuesday, 12 Aug 2014 08:00am EDT 

TeleCommunication Systems Inc:Announces contract awarded by Sypris Electronics, LLC, subsidiary of Sypris Solutions, Inc. (SYPR), to create 15-course customized cyber security training program to be integrated into the Sypris Cyber Range(tm).The Sypris-TCS partnership brings TCS' world class cyber training into Sypris' simulation-based training and modeling platform that enables safe, realistic hands-on environment for participants to hone their individual skills and teamwork in countering cyber-attacks.The initial series of classes is scheduled to launch in Asia Pacific this month.  Full Article

TeleCommunication Systems Inc partners with O3b Networks for High Throughput, Low Latency Satellite Products
Monday, 11 Aug 2014 07:30am EDT 

TeleCommunication Systems Inc:Says it has been selected as channel partner by O3b Networks, a global satellite service provider offering satellite network for government and commercial enterprises.Says it will make O3b's high-performance satellite services available to U.S. government customers through its contract vehicles and directly to commercial TCS customers.  Full Article

TeleCommunication Systems Inc reaffirms FY 2014 revenue, net income and EPS guidance; raises low end of prior FY 2014 EBITDA guidance to a range in line with analysts' estimates - Conference Call
Thursday, 31 Jul 2014 05:00pm EDT 

TeleCommunication Systems Inc:Says for FY 2014 revenue guidance there is no change to the range of $365 million to $375 million than projected at the beginning of the year.Says FY 2014 adjusted EBITDA guidance see a narrow range of $35 million to $38 million for FY 2014.Says expected FY 2014 adjusted net income remains in the $10 million to $14 million range, or $0.17 to $0.23 per diluted share using 60 million shares.Says expected GAAP net income range for FY 2014 is $1 million to $3 million, or $0.01 to $0.06 a share, up from previous guidance of minus $0.02 to plus $0.03 a share.FY 2014 revenue of $365 million, EBITDA of $35 million, net income of $12 million and EPS of $0.19 - Thomson Reuters I/B/E/S.  Full Article

TeleCommunication Systems Inc receives $3.3 million contract modification from department of defense for cybersecurity services
Wednesday, 21 May 2014 09:15am EDT 

TeleCommunication Systems Inc:Says it has received $3.3 million contract modification from Department of Defense for Art of Exploitationcyber training and support.contract's ceiling value has been raised to $6.6 million.Period of performance for this contract remains through Sept. 2016.  Full Article

TeleCommunication Systems receives $3.3 mln contract to deliver cybersecurity training for U.S. Air Force
Tuesday, 20 May 2014 07:30am EDT 

TeleCommunication Systems Inc:Enetrs into a contract with E-volve Technology Systems (E-volve) to enable their delivery of TCS' professional services to the U.S. Air Force (USAF) for Cyber Operations Training Program.  Full Article

TeleCommunication Systems Inc receives $6.8 mln contract to supply maritime satellite systems and support to the U.S. Army
Wednesday, 5 Feb 2014 07:30am EST 

TeleCommunication Systems Inc:Says it has entered into a contract with the U.S. Army to provide maritime-stabilized VSAT satellite systems with associated engineering services.Says the contract has a total value of $6.8 mln if all options are exercised.Says the contract was issued under the Global Tactical Advanced Communication Systems and Services (GTACS) contract vehicle.  Full Article

Search Stocks