Bk technologies announces amendment to contract awarded by agency of the u.s. department of energy; contract ceiling raised to $7 million

West melbourne, fl / accesswire / february 3, 2022 / bk technologies corporation (nyse american:bkti) today announced that its original contract with an electric utility agency of the u.s. department of energy (doe), signed in august 2020, has been amended to increase its ceiling from $4.2 million to $7 million. by the terms of the agreement, bk will continue to provide its kng2 and kng digital p-25 portable and mobile radios with related accessories, to be deployed at more than 35 sites in the u.s. the amended one-year contract was effective as of june 2021 and expires in june 2022, providing for purchases of equipment up to $7 million and includes two additional one-year extension options.
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