HANOVER, Md., Oct. 13, 2015 (GLOBE NEWSWIRE) -- The KEYW Corporation, a wholly-owned subsidiary of The KEYW Holding Corporation (NASDAQ:KEYW), announced today it has received a SEAPORT-E Technical Task Order to provide Systems Instrumentation and Integration Support to the Naval Research Laboratory. The KEYW Corporation will provide a broad range of services including development, evaluation and integration of General Purpose Electronic Test Equipment as well as program specific software development. Software development efforts will include advanced cloud analytics to produce an enterprise view of risk within the data visualization framework and the engineering development of a software defined radio. The single-award contract comprises one base year and two one-year options with a total ceiling value of $13.5 million.
"We are excited to expand our relationship with the Naval Research Laboratory and our engineering portfolio with this new program," commented Bill Weber, President and CEO of KEYW. "The award of this program continues to validate our ability to provide our customers with mission essential engineering expertise. We look forward to continuing and building on KEYW's reputation as a premier provider of both hardware and software engineering solutions."
KEYW provides agile cyber superiority, cybersecurity, and geospatial intelligence solutions for U.S. Government intelligence and defense customers and commercial enterprises. We create our solutions by combining our services and expertise with hardware, software, and proprietary technology to meet our customers' requirements. For more information contact KEYW Corporation, 7740 Milestone Parkway, Suite 400, Hanover, Maryland 21076; Phone 443-733-1600; Fax 443-733-1601; E-mail email@example.com; or on the Web at www.keywcorp.com.
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, and other statements containing the words "estimates," "believes," "anticipates," "plans," "expect," "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 9, 2015 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.
Contact: Chris Donaghey 443-733-1600