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.

Il gruppo Mission-Critical Technologies si occupa di garantire che i clienti siano in grado di portare a termine con successo le loro missioni, che si tratti di comunicare in un ambiente austero a terra o in mare, di lanciare o tracciare un satellite o di proteggere la sicurezza informatica della loro rete.

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.

Alcune informazioni contenute nel presente comunicato stampa contengono dichiarazioni di natura previsionale che comportano rischi e incertezze significativi. I risultati effettivi potrebbero differire materialmente da tali informazioni previsionali. I documenti della Commissione per i Titoli e gli Scambi della Società identificano molti di questi rischi e incertezze. Tutte le informazioni previsionali contenute nel presente comunicato stampa sono qualificate nella loro interezza dai rischi e dalle incertezze descritte in tali documenti della Commissione per i Titoli e gli Scambi.

PCMTL

Contatto con i media:

Michael D. Porcellana, Presidente e Direttore operativo

631-962-7000

[email protected]

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