10/12/2017 - PAR TECHNOLOGY SUBSIDIARY ANNOUNCES $11.9 MILLION U.S. AIR FORCE SUBCONTRACT AWARD AT TINKER AFB, OK
NEW HARTFORD, N.Y.— October 12, 2017—PAR Technology Corporation (NYSE:PAR) today announced that its subsidiary, Rome Research Corporation (RRC), has been awarded a subcontract from Croop-LaFrance, Inc. to provide Base Client Support Services at Tinker AFB, OK. The subcontract includes a base year with up to four option years, and a total value of $11.9 million.
The president of PAR’s Government Business, Matthew Cicchinelli, commented on the award stating, “We are pleased that the United States Air Force has selected the Croop-RRC Team to provide these mission-critical IT services. Our talented team has earned a reputation for unsurpassed reliability and execution and we look forward to supporting a new customer, the USAF’s 72nd Air Base Wing Communications Directorate at Tinker AFB”.
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PAR Technology Corporation's stock is traded on the New York Stock Exchange under the symbol PAR. PAR’s Restaurant/Retail segment has been a leading provider of restaurant and retail technology for more than 30 years. PAR offers technology solutions for the full spectrum of restaurant operations, from large chain and independent table service restaurants to international quick service chains. Products from PAR also can be found in retailers, cinemas, cruise lines, stadiums and food service companies. PAR’s Government segment has 40+ years of experience in providing solutions and products for the geospatial intelligence community and highly-specialized technical services to the Department of Defense and various federal agencies. For more information, visithttps://www.partech.com/or connect with PAR onFacebookandTwitter.