U.S. Army Selects EchoStar's Hughes to Deploy 5G Open RAN with RAN Intelligent Controller at Fort Bliss
Portfolio Pulse from
EchoStar's Hughes Network Systems has been awarded a $6.5 million contract by the U.S. Army to deploy a 5G Open RAN prototype at Fort Bliss. This project will support the U.S. Department of Defense in testing RAN Intelligent Controller-based software applications for military networks.
November 19, 2024 | 12:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
EchoStar's subsidiary, Hughes Network Systems, secured a $6.5 million contract to deploy a 5G Open RAN prototype for the U.S. Army, enhancing its position in military communications technology.
The contract win is significant for EchoStar as it strengthens its relationship with the U.S. Department of Defense and positions the company as a key player in military communications technology. The financial impact of the $6.5 million contract is positive, likely leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90