PAR - PAR Technology subsidiary records largest contract in its history

PAR Technology's (NYSE:PAR) subsidiary bags a $490.4M single award IDIQ contract with U.S. Air Force Research Laboratory Information Directorate. This contract provides for research, designing, prototyping, testing, evaluation, operational evaluation, experimentation, integration, technical installation, transition and support through initial operations of C-sUAS technologies. Contract work will be performed in Rome, New York, and is expected to be a 6-year ordering period with a maximum of a 2-year Order Period of Performance beyond the ordering period.

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PAR Technology subsidiary records largest contract in its history