KEYW receives second contract option exercise for airborne collection services

The KEYW Corporation, a wholly owned subsidiary of The KEYW Holding Corporation based in Hanover, MD, announced on September 25 that it has received the Option Period 2 exercise on its multi-year airborne collection services contract for $30.7 million.  This option covers an eight-month period of performance from August 6, 2015 to April 18, 2016 following a contract modification that adjusts the option period effective dates.  Two additional option periods remain on the contract, which runs through September 5, 2016.

KEYW’s high-resolution imaging technology, Aeroptic, has evolved from urban counter-IED missions to wide-area, high-resolution, three-dimensional geospatial information (HR3DGI) missions around the world.  KEYW also has expertise in the development and operation of a range of additional capabilities including synthetic aperture radar (SAR), radio-frequency survey, hyperspectral imaging (HSI), and other custom-built sensors.

Source: KEYW