WANG GLOBAL: Wang Global awarded US$453 million contract by Lockheed Martin to run NASA Networks.

0 Comments | M2 Presswire, March, 1999

M2 PRESSWIRE-17 March 1999-WANG GLOBAL: Wang Global awarded US$453 million contract by Lockheed Martin to run NASA Networks (C)1994-99 M2 COMMUNICATIONS LTD RDATE:160399 BILLERICA, Mass. -- Wang Global (NASDAQ: WANG), an International networked technology services and solutions provider, has announced that Lockheed Martin Space Operations Co., Houston, Texas, has awarded Wang Government Services, McLean, Virginia, a subsidiary of Wang Global, a contract to provide wide area network (WAN) data distribution services as a subcontractor on the National Aeronautics and Space Administration (NASA) Consolidated Space Operations Contract (CSOC).

The contract is valued at $453 million over the life of the ten-year contract. Under the terms of the contract, Wang...