DOD Awards Iridium 5-Year Gateway Evolution Contract Worth Up to $76 Million

MCLEAN, Va., Oct. 1, 2019 (Iridium PR) — Iridium Communications Inc. (NASDAQ: IRDM) today announced that it has been awarded a 5-year, indefinite delivery/indefinite quantity (IDIQ) contract from the Defense Information Systems Agency on behalf of the United States Air Force Space Command (AFSpC) with potential revenues up to $76 million.  

Known as the Gateway Evolution Contract (GEC), this contract enables ongoing innovation and critical enhancements for the U.S. Government’s dedicated Iridium gateway.  It will enable adoption of the latest technology upgrades, both hardware and software, necessary to address emerging warfighter requirements and to ensure continued operations with the latest state-of-the-art satcom-based capabilities.

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