Comtech Awarded $235.7 Million Contract from the U.S. Army

MELVILLE, N.Y. –
February 9, 2021– Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today, that during its second quarter of fiscal year 2021, its Mission-Critical Technologies group, which is part of Comtech’s Government Solutions segment, was awarded a contract valued up to $235.7 million to provide the U.S. Army with ongoing system refurbishments, sustainment services and baseband equipment. This effort will support the sustainment of the Army’s AN/TSC-198 Secret Internet Protocol Router (“SIPR”) and Non-secure Internet Protocol Router (“NIPR”) Access Point (“SNAP”) family of ground satellite terminals, to include spare parts, repairs, upgrades, refurbishments, logistics and engineering services, and training.

The total contract value includes a base year award and three one-year option periods exercisable by the U.S. Army. The $57.9 million base year award ceiling has been initially funded $11.5 million by the U.S. Army, with additional funding expected to occur over the remaining base year performance period.

“Comtech is honored to remain the U.S. Army’s trusted partner in providing refurbishments, sustainment services and baseband equipment. We are pleased that we have won this competitive solicitation, further reinforcing our legacy of supporting the U.S. Army,” said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp.

Le groupe Mission-Critical Technologies veille à ce que ses clients soient en mesure de mener à bien leur mission, qu'il s'agisse de communiquer dans un environnement austère sur terre ou en mer, de lancer ou de suivre un satellite, ou de protéger la cybersécurité de leur réseau.

Comtech Telecommunications Corp. designs, develops, produces, and markets innovative products, systems, and services for advanced communications solutions. The Company sells products to a diverse customer base in the global commercial and government communications markets.

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

Contact médias :

Michael D. Porcelain, président et directeur général

631-962-7000

[email protected]

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