Norsat + N.A.T.O. Into Portability
Norsat International Inc. [TSX – NII.TO; OTC BB – NSATF.OB] has signed a Basic Ordering Agreement (BOA) with NATO’s Consultation, Command and Control Agency (NC3A) for their OmniLink and GLOBETrekker portable satellite terminals, as well as its suite of microwave products. A BOA is a procurement vehicle whereby the contract is negotiated in advance and placed centrally with a supplier. The BOA outlines the clauses that will be applicable to the future procurement of a specified range of goods and services. In the case of NC3A BOAs, all basic contract provisions are agreed upon, including prices or a definitive pricing methodology, after which NATO, NATO Member Nations and other eligible purchasers can place individual orders against the central contract. NC3A negotiates all BOAs on behalf of NATO in accordance with NATO guidelines and procedures—Richmond, British Columbia


