PAR Technology Subsidiary Receives $11.9 Million U.S. Air Force Contract

On October 12, PAR Technology Corporation (PAR) announced that its subsidiary, Rome Research Corporation, received U.S. Air Force subcontract award. They will be providing Base Client Support Services at Tinker AFB in Oklahoma. The subcontract includes a base year with up to four additional option years and a total value of $11.9 million.

 

Sonal got the news and sent an alert at 7:30 am. The next trade was at 8:00 am during pre-market trading hours for $10.95. The market opened for the day at $10.47.

Shares of PAR continued to rise throughout the day before closing at $11.52. That means investors who traded on the news around the open earned about 10% for the day.

 

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