MELVILLE, N.Y. –
October 23, 2019 — Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that during its first quarter of fiscal 2020, its Mission-Critical Technologies group, which is part of Comtech’s Government Solutions segment, received additional funding of $3.0 million on the previously announced three-year $124.2 million contract to provide ongoing sustainment services for the AN/TSC-198A SNAP (Secret Internet Protocol Router (“SIPR”) and Non-classified Internet Protocol Router (“NIPR”) Access Point), and baseband equipment. SNAP terminals provide quick and mobile satellite communications capabilities to personnel in the field. The contract has been funded $77.9 million to date.
“We are pleased the U.S. Army continues to trust Comtech’s expertise in providing quality support for our fielded VSAT systems,” said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp. “This additional funding demonstrates the importance of the mission supporting our warfighters.”
The Mission-Critical Technologies group is a leading provider of mission-critical, highly-mobile C4ISR solutions.
Comtech Telecommunications Corp. diseña, desarrolla, fabrica y comercializa productos, sistemas y servicios innovadores para soluciones de comunicaciones avanzadas. La empresa vende productos a una variada base de clientes en los mercados mundiales de comunicaciones comerciales y gubernamentales.
Cierta información contenida en este comunicado de prensa contiene afirmaciones que son de naturaleza prospectiva e implican ciertos riesgos e incertidumbres significativos. Los resultados reales podrían diferir sustancialmente de dicha información prospectiva. Los documentos presentados por la empresa ante la Securities and Exchange Commission identifican muchos de estos riesgos e incertidumbres. Cualquier información de carácter prospectivo contenida en este comunicado de prensa está sujeta en su totalidad a los riesgos e incertidumbres descritos en dichos documentos de la Comisión de Bolsa y Valores.
PCMTL
View source version on businesswire.com: https://www.businesswire.com/news/home/20191023005025/en/
Medios de comunicación:
Michael D. Porcelana, Vicepresidente Senior y Director de Operaciones
631-962-7000
[email protected]
