MELVILLE, N.Y. –
November 13, 2017-– Comtech Telecommunications Corp. (Nasdaq:
CMTL) announced today that during its first quarter of fiscal 2018, its
Safety and Security Technologies group, which is part of Comtech’s
Commercial Segment, has been awarded a multi-year contract with an
estimated value of approximately $73.8 million.
This contract award, from a major U.S. telecommunications company,
provides for implementation and continued maintenance and operational
support related to wireless enhanced 9-1-1 solutions (E9-1-1). These
solutions include call routing of 9-1-1 calls from mobile phones to the
appropriate Public-Safety Answering Point (PSAP) and the delivery of
call back number and location data to the 9-1-1 dispatcher. In addition
to supporting 3G/4G (also known as Voice Over Long Term Evolution
(VoLTE)) technologies, the contract provides for new services that will
support 5G networks as they launch. The contract has an initial
performance period of two years and provides for two annual option
periods. In connection with the receipt of this contract, Comtech
received an initial funded purchase order aggregating approximately
$17.7 million.
In commenting on this award, Fred Kornberg, President and Chief
Executive Officer of Comtech Telecommunications Corp., stated, “This
contract award is a testament to the quality and high reliability of
Comtech’s market-leading Safety and Security Technology solutions. I
believe this award is the first of several contracts we will receive
from this important customer in fiscal 2018.”
Comtech电信公司设计、开发、生产和销售用于先进通信的创新产品、系统和服务。
创新产品、系统和服务的先进通信解决方案。
解决方案。公司向全球商业和政府通信市场的不同客户群销售产品。
公司向全球商业和政府通信市场的不同客户群销售产品。
本新闻稿中的某些信息包含有以下陈述
本新闻稿中的某些信息包含具有前瞻性的陈述，并涉及某些重大风险和
不确定因素。实际结果可能与这些
实际结果可能与这些前瞻性信息大相径庭。公司的证券交易
委员会的文件中指出了许多这样的风险和不确定因素。本新闻稿中的任何
本新闻稿中的任何前瞻性信息都受到该证券交易委员会文件中描述的风险和不确定性的限制。
本新闻稿中的任何前瞻性信息都受到这些证券交易委员会文件中描述的风险和不确定性的限制。
证券交易委员会文件中描述的风险和不确定性。
PCMTL
View source version on businesswire.com: http://www.businesswire.com/news/home/20171113005862/en/
媒体联系方式：
Michael D. Porcelain，高级副总裁兼首席财务官
首席财务官
631-962-7000
[email protected]
