MELVILLE, N.Y. –
February 14, 2019 — Comtech Telecommunications Corp. (Nasdaq:CMTL)
announced today, that during its second quarter of fiscal 2019, its
Command & Control Technologies group, which is part of Comtech’s
Government Solutions segment, was named an awardee under the U.S. Navy’s
SeaPort Next Generation (“SeaPort-NxG”)
indefinite-delivery/indefinite-quantity (“IDIQ”), multiple-award
contract vehicle. The total potential maximum value of the IDIQ is $10.0
billion, of which $5.0 billion relates to the five-year base period and
$5.0 billion relates to the five-year option period, if exercised. All
work under SeaPort-NxG will fall under two categories (engineering
support services and program management support services), which are
further divided into twenty-three functional areas such as systems
engineering, research and development and logistics support.
“Once again, I’m very proud that our team was awarded this significant
contract vehicle that provides our DoD customers the opportunity to
purchase our mission critical services for systems engineering, research
and development, quality assurance, configuration management,
information technology and logistics support,” said Fred Kornberg,
President and Chief Executive Officer of Comtech Telecommunications Corp.
The Command & Control Technologies group is a leading provider of
mission-critical, highly-mobile C4ISR solutions.
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.
Certain information in this press release contains statements that are
forward-looking in nature and involve certain significant risks and
uncertainties. Actual results could differ materially from such
forward-looking information. The Company’s Securities and Exchange
Commission filings identify many such risks and uncertainties. Any
forward-looking information in this press release is qualified in its
entirety by the risks and uncertainties described in such Securities and
Exchange Commission filings.
PCMTL
View source version on businesswire.com: https://www.businesswire.com/news/home/20190214005184/en/
Media:
Michael D. Porcelain, Senior Vice President and Chief
Operating Officer
631-962-7000
[email protected]
