Comtech Awarded $98.6 Million Contract from U.S. Army

MELVILLE, N.Y. –
October 15, 2019 — Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that during its first quarter of fiscal year 2020, its Mission-Critical Technologies group, which is part of Comtech’s Government Solutions segment, was awarded a contract with a $98.6 million ceiling to provide global field support services for military satellite communication (“SATCOM”) terminals around the world.

The contract has been initially funded at $22.2 million with additional funding expected to occur across the performance period which is expected from award through twelve months, with a potential six month option period, if exercised by the Government.

“We are honored that the Army has put its trust in Comtech to provide support of U.S. warfighters,” said Fred Kornberg, President 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.

Le groupe Mission-Critical Technologies est l'un des principaux fournisseurs de solutions C4ISR critiques et hautement mobiles.

Comtech Telecommunications Corp. conçoit, développe, produit et commercialise des produits, des systèmes et des services innovants pour des solutions de communication avancées. L'entreprise vend ses produits à une clientèle diversifiée sur les marchés mondiaux des communications commerciales et gouvernementales.

Certaines informations contenues dans ce communiqué de presse contiennent des déclarations qui sont de nature prospective et qui impliquent certains risques et incertitudes importants. Les résultats réels pourraient différer matériellement de ces informations prévisionnelles. Les documents déposés par la société auprès de la Securities and Exchange Commission identifient un grand nombre de ces risques et incertitudes. Toute information prospective contenue dans ce communiqué de presse est qualifiée dans son intégralité par les risques et incertitudes décrits dans les documents déposés auprès de la Securities and Exchange Commission.

PCMTL

Médias :

Michael D. Porcelain, premier vice-président et directeur des opérations

631-962-7000

[email protected]

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