New $20.5m Systems Contract
SRT Marine Systems wins $20.5m follow-on contract from existing sovereign customer to expand surveillance system scope.
- New contract value $20.5m
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SRT Marine Systems plc ('SRT'), a global provider of intelligent maritime surveillance systems for sovereigns and maritime navigation safety systems is pleased to announce that it has signed a new contract worth $20.5m with an existing sovereign customer.
The new contract is a follow-on contract to expand the scope of the system.
Simon Tucker, SRT CEO said: "Under the banner of our sovereign partnership program we expect our customers' requirements to evolve and grow over time. SRT's role in the partnership is to be a steadfast and reliable surveillance system expert partner to our customer and meet that need promptly and efficiently. This is a great example of an ambitious customer who wishes to rapidly grow their MDA capabilities, resulting in follow-on business for SRT."
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