HANOVER, Md., June 23, 2017 (GLOBE NEWSWIRE) -- The KeyW Holding Corporation (NASDAQ:KEYW) today announced that it has received a new aviation collection services contract from a global customer. When combined with previously awarded airborne Intelligence, Surveillance and Reconnaissance (ISR) contracts from the same customer, the total value of these awards is approximately $9 million.
"Based on our advanced technologies, successful track record and the continuing need for data collection services, we expected ISR to be a growing area of our business," said Bill Weber, KeyW's chief executive officer. "And we're pleased to continue extending this work while supporting an important, global mission."
KeyW's airborne collection technologies and ISR solutions are affordable, flexible and tailorable. In addition to airborne collection solutions, the company's ISR portfolio includes complete flight services, data analysis and ongoing sustainment and logistics support.
KeyW is a pure-play national security solutions provider for the Intelligence, Cyber and Counterterrorism Communities' toughest challenges. We support the collection, processing, analysis and dissemination of information across the full spectrum of their missions. We employ and challenge more than 2,000 of the most talented professionals in the industry with solving such complex problems as preventing cyber threats, transforming data into intelligence and combating global terrorism.
Forward-Looking Statements: Statements made in this press release that are not historical facts constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include but are not limited to: statements about our future expectations, plans and prospects; statements regarding our strategies, plans, and operations; and other statements containing the words "estimates," "believes," "anticipates," "plans," "expects," "will," "potential," "opportunities," and similar expressions. Our actual results, performance or achievements or industry results may differ materially from those expressed or implied in these forward-looking statements. These statements involve numerous risks and uncertainties, including but not limited to those risk factors set forth in our Annual Report on Form 10-K, dated and filed March 15, 2016 with the Securities and Exchange Commission (SEC) as required under the Securities Act of 1934, and other filings that we make with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements. KeyW is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
Contacts: Heather Williams Corporate Media Relations 443.733.1613 Chris Donaghey Investor Relations 443.733.1600