Ovzon wins renewed contract from IGC
Ovzon has secured contract renewals, valued at a total of MUSD 6,9, with the US Department of Defense (US DoD), through the US service provider Intelsat General Corporation, IGC.The contract renewals cover the second six months of FY 2020, up to September 2020, for the use of Ovzon’s satellite communication services. The aggregated order volume from the DoD over the last twelve months amounts to 20.6 MUSD. The lower volume for the last six months is driven by changes in geographical requirements and US DoD budget limitations. With the emergence of new terminals, availability of higher