Comtech Telecommunications Corp. Awarded $2.6 Million Additional Funding from U.S. Army

MELVILLE, N.Y. –
October 15, 2020 — Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that during its first quarter of fiscal 2021, its Mission-Critical Technologies group, which is part of Comtech’s Government Solutions segment, was awarded $2.6 million of additional funding on a previously announced $223.4 million contract to provide Very Small Aperture Terminals (“VSATs”) to support the U.S. Army. The contract has been funded $217.6 million to date.

“Comtech has established itself as a trusted provider to the armed forces by delivering reliable, secure communication systems across the globe,” said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp. “The additional funding further illustrates Comtech’s essential role to the warfighter.”

The Mission-Critical Technologies group is focused on ensuring its customers are able to successfully carry out their mission, whether that be communicating in an austere environment on land or at sea, launching or tracking a satellite, or protecting the cyber security posture of their network.

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

Media Contact:

Michael D. Porcelain, President and Chief Operating Officer

631-962-7000

[email protected]

More Posts

Comtech Selected by Innovation Canada to Join Exclusive Accelerated Growth Services Program

Comtech joins select group of high-growth companies participating in AGS…

Washington State Awards Comtech $48 Million Multi-Year Contract Extension for Next Generation 911 Services

MELVILLE, N.Y. – February 5, 2024– Comtech (NASDAQ: CMTL) announced…

Comtech Receives Government Approval to Move Forward on $544 Million U.S. Army Contract

MELVILLE, N.Y. – Feb. 1, 2024–Comtech (NASDAQ: CMTL) announced today…