MELVILLE, N.Y. –
July 17, 2018– Comtech Telecommunications Corp. (Nasdaq:CMTL) announced
today that during its fourth quarter of fiscal 2018, its Command &
Control Technologies group, through its Maryland-based subsidiary,
Comtech Mobile Datacom Corporation, which is part of Comtech’s
Government Solutions segment, was awarded option period one of a
contract to support the BFT-1 program. The option has an overall
potential value of approximately $8.0 million. Including this order,
to-date funding in the overall amount of $5.9 million has been received.
The overall funded value of the contract inclusive of the Base and
Option Year 1 is approximately $13.5 million.
These contract modifications are part of the five-year BFT-1 sustainment
support contract for the U.S. Army’s Project Manager Mission Command (PM
MC) Blue Force Tracking (“BFT-1”) program. Comtech continues to perform
engineering services, satellite network operations and program
management through a Firm Fixed Price (FFP) contract with Time &
Materials (T&M) and Cost Reimbursement elements. Option period one
performance period began April 15, 2018 and ends April 14, 2019, and the
contract provides for three additional twelve-month option periods,
exercisable by GSA.
“We are pleased that our Army customer continues to recognize the value
of Comtech’s services,” said Fred Kornberg, President and Chief
Executive Officer of Comtech Telecommunications Corp. “Comtech remains
committed to providing the Army and its soldiers with the highest level
of support to enable them to complete their missions.”
El BFT-1 es un sistema de mando de batalla, conocimiento de la situación en tiempo real y control
en tiempo real. En el marco del contrato de mantenimiento de cinco años del BFT-1, Comtech presta
servicios de ingeniería, operaciones de red por satélite y
del programa.
El grupo de Tecnologías de Mando y Control es un proveedor líder de
soluciones C4ISR móviles de misión crítica.
Comtech Telecommunications Corp. diseña, desarrolla, produce y comercializa
productos, sistemas y servicios innovadores para soluciones
avanzadas. La empresa vende productos a una variada base de clientes en los
mercados mundiales de comunicaciones comerciales y gubernamentales.
Determinada información contenida en este comunicado de prensa contiene
naturaleza prospectiva e implican ciertos riesgos e incertidumbres significativos.
riesgos e incertidumbres. Los resultados reales podrían diferir
de dicha información prospectiva. Los documentos presentados por la
de Valores de la empresa identifican muchos de estos riesgos e incertidumbres. Cualquier información prospectiva de
Cualquier información prospectiva contenida en este comunicado de prensa está
riesgos e incertidumbres descritos en dichos documentos de la Securities and Exchange Commission.
Comisión de Bolsa y Valores.
PCMTL
View source version on businesswire.com: https://www.businesswire.com/news/home/20180717005134/en/
Medios de comunicación:
Michael D. Porcelain, Senior Vice President and Chief
Financiero
631-962-7000
[email protected]
