HANOVER, Md., November 27, 2018 (GLOBE NEWSWIRE) — The KeyW Holding Corporation (NASDAQ:KEYW) today announced new awards and additional work to existing contracts of $35 million for delivery in the next 12 months to classified customers. One contract has the potential to expand by an additional $15 million. Under these contract orders, the company will develop advanced sensor payloads.
“These awards validate KeyW’s strategic capabilities in the intelligence, surveillance and reconnaissance business—delivering sensor payloads into any domain,” said John Sutton, executive vice president and chief operating officer. “We’re inspired by the technical challenge and appreciate our role in supporting the national security mission through development and deployment of advanced sensor technology solutions.”