PAR Technology subsidiary wins U.S. Navy contract award of nearly $14 million

ROME, N.Y. — The U.S. Navy has awarded Rome Research Corp. (RRC) a $13.6 million contract for services at a facility in Italy.

Rome Research is a wholly-owned subsidiary of PAR Technology Corp. (NYSE: PAR). Based in New Hartford, PAR Technology is a provider of restaurant/retail-management technology systems and government-contract services.

Under the five-year contract, the PAR subsidiary will provide teleport commercial-satellite terminal services at the global-information grid (GIG) facility in Lago Patria, Italy, and other remote locations, PAR said in a news release issued Tuesday.

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The GIG is the global network of information capabilities, processes, and personnel for “collecting, processing, storing, disseminating and managing information on demand” for use by military commanders, policy makers, and support personnel, according to PAR.

The grid supports U.S. Department of Defense (DoD), national security and related intelligence-community missions and functions (strategic, operational, tactical and business) “in war and in peace,” the release stated.

The GIG provides capabilities to operating locations that include bases, posts, camps, stations, facilities, mobile platforms, and deployed sites. It also provides interfaces to coalition, allied, and non-DoD users and systems.

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Eric Reinhardt: