Comtech Awarded $235.7 Million Contract from the U.S. Army

MELVILLE, N.Y. –
February 9, 2021– Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today, that during its second quarter of fiscal year 2021, its Mission-Critical Technologies group, which is part of Comtech’s Government Solutions segment, was awarded a contract valued up to $235.7 million to provide the U.S. Army with ongoing system refurbishments, sustainment services and baseband equipment. This effort will support the sustainment of the Army’s AN/TSC-198 Secret Internet Protocol Router (“SIPR”) and Non-secure Internet Protocol Router (“NIPR”) Access Point (“SNAP”) family of ground satellite terminals, to include spare parts, repairs, upgrades, refurbishments, logistics and engineering services, and training.

The total contract value includes a base year award and three one-year option periods exercisable by the U.S. Army. The $57.9 million base year award ceiling has been initially funded $11.5 million by the U.S. Army, with additional funding expected to occur over the remaining base year performance period.

“Comtech is honored to remain the U.S. Army’s trusted partner in providing refurbishments, sustainment services and baseband equipment. We are pleased that we have won this competitive solicitation, further reinforcing our legacy of supporting the U.S. Army,” said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp.

تركز مجموعة تقنيات المهام الحرجة على ضمان قدرة عملائها على تنفيذ مهمتهم بنجاح ، سواء كان ذلك التواصل في بيئة قاسية على الأرض أو في البحر ، أو إطلاق أو تتبع قمر صناعي ، أو حماية وضع الأمن السيبراني لشبكتهم.

Comtech Telecommunications Corp. designs, develops, produces, and markets innovative products, systems, and services for advanced communications solutions. The Company sells products to a diverse customer base in the global commercial and government communications markets.

تحتوي بعض المعلومات الواردة في هذا البيان الصحفي على بيانات تطلعية بطبيعتها وتنطوي على بعض المخاطر والشكوك الكبيرة. وقد تختلف النتائج الفعلية ماديا عن هذه المعلومات التطلعية. تحدد ملفات لجنة الأوراق المالية والبورصات الخاصة بالشركة العديد من هذه المخاطر والشكوك. أي معلومات تطلعية في هذا البيان الصحفي مؤهلة بالكامل من خلال المخاطر والشكوك الموضحة في ملفات لجنة الأوراق المالية والبورصات.

بي سي إم تي إل

جهة الاتصال الإعلامية:

مايكل د. بورسلين، الرئيس والمدير التنفيذي للعمليات

631-962-7000

[email protected]

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