MELVILLE, N.Y. –
July 8, 2020– Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Mission-Critical Technologies group, which is part of Comtech’s Government Solutions segment, received additional funding of $10.8 million on its previously announced $98.6 million contract to provide the U.S. Army with global field support services for military satellite communication (“SATCOM”) terminals around the world. The contract has been funded $35.2 million to date (of which $8.9 million was received in Comtech’s fourth quarter of fiscal 2020).
“We are pleased to continue supporting the needs of the U.S. Army. This funding demonstrates the continued commitment Comtech provides for global field support services in locations across the globe,” said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp.
The Army’s mission-critical ground SATCOM terminals provide inter and intra-theater network communications with worldwide reach back capability. The field support contract covers diverse engineering and technical skills to support these SATCOM terminals, including logisticians, help desk, network engineering, security engineering, RF and satellite system engineering and support.
El grupo de Tecnologías de Misión Crítica se centra en garantizar que sus clientes puedan llevar a cabo con éxito su misión, ya sea comunicarse en un entorno austero en tierra o mar, lanzar o rastrear un satélite o proteger la ciberseguridad de su red.
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
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