HANOVER, Md., May 31, 2016 (GLOBE NEWSWIRE) -- The KEYW Holding Corporation (NASDAQ:KEYW) announced today that it has been awarded a prime position on a five-year multiple-award, indefinite delivery/indefinite quantity contract with a $245 million ceiling value to provide Research and Development support to the Information Technology Division at the Naval Research Laboratory. KEYW competed for and was awarded all seven customer research fields, and will provide Research and Development, Test and Evaluation (RDT&E) and Technical Services Support to a variety of research and development programs in the areas of information technology.
"Once again, we are very excited to expand our relationship with the Naval Research Laboratory and our engineering portfolio on the cutting edge of advancing IT solutions for the defense and intelligence community sector," 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 is a total solutions provider for the Intelligence Community's toughest challenges. We support the collection, processing, analysis and dissemination of information across the full life cycle of the Intelligence Community's mission. We employ and challenge the most talented professionals in the industry with solving such complex problems as preventing cyber threats, transforming data into intelligence, and combating global terrorism. For more information contact KEYW Corporation, 7740 Milestone Parkway, Suite 400, Hanover, Maryland 21076; Phone 443-733-1600; Fax 443-733-1601; E-mail firstname.lastname@example.org; 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, including 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.
Contact: Chris Donaghey 443-733-1600