Unisys (NYSE: UIS) Gets Homeland Security Job Worth Up To $3B; Shrs Spike
Posted on June 27, 2012 at 11:13 AM EDT
Palm Beach, FL 6/27/12 ( StreetBeat ) -- Unisys (NYSE: UIS) shares are trading sharply higher Wednesday morning after the company said it has received a contract from the Department of Homeland Security to complete work under related to public safety communications systems. The contract includes a two-year base period and up to three one-year government optional extensions. The pact is worth up to $3 bilion over five years, the company said. “This award gives Unisys an opportunity to provide mission-critical tactical communications systems support services to a broad range of federal agencies,” Marty Mackes, vice president for Homeland Security at Unisys Federal Systems, said in a statement. UIS shares are getting a lift from the news: the stock is up $1.31, or 8.3%, to $17.07. Please contact www.thestreetbeat.com for interest in our latest investor relations platform the “CEO Interview Series” with its host Steve Kanaval. The package includes a one-on-one interview with a seasoned industry professional; published segment to our web site with embedded audio/video file; and a compressed file that can be easily e-mailed out to your current and/or potential investors. Please e-mail bflautt@gmail.com or call (662) 392-0740 for pricing and scheduling. StreetBeat Disclaimer Distributed by Viestly
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