MELVILLE, N.Y. –
May 3, 2021– Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications technologies, announced today, that during its third quarter of fiscal 2021, its Government Solutions segment, through its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, was awarded $6.2 million of additional funding for Option Period Four of contract GS03Q17DSC0002. The overall funded value to date, inclusive of the Base and Option Period 1 through Option Period 4, is $35.5 million.
This contract modification is part of the 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 Four’s performance period began on April 15, 2021 and ends on April 14, 2022.
“We are pleased our U.S. Army continues to recognize the value of Comtech’s services,” said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp. “Our team remains committed to providing the U.S. Army and its soldiers with critical BFT-1 sustainment support.”
Comtech Telecommunications Corp. es una empresa líder en el mercado mundial de las comunicaciones con sede en Melville, Nueva York. Con pasión por el éxito de sus clientes, Comtech diseña, produce y comercializa soluciones inalámbricas seguras avanzadas para más de 1.000 clientes en más de 100 países. Para más información, visite www.comtechtel.com.
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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Contacto para los medios de comunicación:
Michael D. Porcelain, Presidente y Director General de Operaciones
Comtech Telecommunications Corp.
631-962-7000
[email protected]