MELVILLE, N.Y. –
May 15, 2019— Comtech Telecommunications Corp. (NASDAQ:CMTL)
announced today that during its third quarter of fiscal 2019, its
Command & Control Technologies group, which is part of Comtech’s
Government Solutions segment, through its Maryland-based subsidiary,
Comtech Mobile Datacom Corporation, was awarded option period two of
contract GS03Q17DSC0002 with an overall potential value of approximately
$8.5 million. To date funding in the overall amount of $5.2 million has
been applied to option period two via contract modifications. The
overall funded value of the contract inclusive of the Base, Option Year
1 and Option Year 2 is approximately $19.2 million.
These contract modifications are part of the five-year BFT-1 sustainment
support contract for the U.S. Army’s Project Manager Mission Command
Blue Force Tracking (“BFT-1”) program. Comtech continues to perform
engineering services, satellite network operations and program
management through a Firm Fixed Price contract with Time & Materials and
Cost Reimbursement elements. Option period two performance period began
April 15, 2019 and ends April 14, 2020, and the contract provides for
two additional twelve-month option periods, exercisable by GSA.
“This funding further illustrates the important services Comtech
continues to provide to the U.S. Army and the warfighter,” said Fred
Kornberg, President and Chief Executive Officer of Comtech
Telecommunications Corp. “We are pleased to see the continuing
investments made by the U.S. Army for our BFT-1 systems.”
BFT-1 is a battle command, real-time situational awareness and control
system. Under the five-year BFT-1 sustainment contract, Comtech performs
engineering services, satellite network operations and program
management. The Command & Control Technologies group is a leading
provider of mission-critical, highly-mobile C4ISR solutions.
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: https://www.businesswire.com/news/home/20190515005183/en/
媒体：
Michael D. Porcelain, 高级副总裁兼首席运营官
运营官
631-962-7000
[email protected]
