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.

미션 크리티컬 기술 그룹은 육상 또는 해상에서의 엄격한 환경에서의 통신, 인공위성 발사 또는 추적, 네트워크의 사이버 보안 상태 보호 등 고객이 임무를 성공적으로 수행할 수 있도록 하는 데 중점을 두고 있습니다.

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.

이 보도 자료의 특정 정보에는 본질적으로 미래예측 진술이 포함되어 있으며 특정 중대한 위험과 불확실성을 수반합니다. 실제 결과는 이러한 미래예측 정보와 크게 다를 수 있습니다. 회사의 증권거래위원회 제출 서류에는 이러한 위험과 불확실성이 다수 명시되어 있습니다. 이 보도자료에 포함된 모든 미래예측 정보는 해당 증권거래위원회 제출 서류에 기술된 위험과 불확실성에 의해 전체적으로 검증됩니다.

PCMTL

미디어 문의:

마이클 D. 포셀린, 사장 겸 최고운영책임자

631-962-7000

[email protected]

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