LONDON (ShareCast) - (ShareCast News) - BATM Advanced Communications has won a framework agreement with an agency of a government defence department to provide information communication technology services and solutions that it said would be worth up to $35.8m over five years.
BATM's wholly-owned subsidiary NGSoft, a high-end software development and design business within the networking & cyber division, has already received the first order under the agreement, worth $2.2m, with delivery to begin soon and complete in early 2018.

The total framework agreement forms half of the total $71.6m budget allocated by the government defence agency to procure these ICT services and solutions over a five-year period.

BATM chief executive Dr Zvi Marom said: "We are delighted to have been awarded this agreement following a competitive tender process and to have received the first order so quickly thereafter demonstrates the intent of the defence agency to move forward with this project without delay.

"This significant government contract provides further validation of the strength of our offering. We look forward to delivering this initial project and to expanding on it as well as receiving contracts from new customers following the successful completion of proof-of-concept trials in multiple countries."

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