MELVILLE, N.Y. –
September 11, 2019– Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that during its fourth 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 $1.3 million of incremental funding for Option Year 2 of contract GS03Q17DSC0002 with an overall potential value of approximately $8.5 million. To-date funding in the overall amount of $6.6 million has been applied to Option Year 2 via contract modifications. The overall funded value of the contract inclusive of the Base, Option Year 1 and Option Year 2 is approximately $20.6 million.
This contract modification is part of the five-year BFT-1 sustainment support contract for the U.S. Army’s Project Manager Mission Command (“PM MC”) 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 Year 2 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.
“Comtech continues to establish itself as a trusted provider to the U.S. Army by delivering sustainable secure communications systems to the warfighter,” said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp. “This additional funding further illustrates that Comtech’s contributions are an important factor in the success of their mission.”
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.
指挥与控制技术集团是一家提供关键任务、高度移动的C4ISR解决方案的领先供应商。
Comtech电信公司设计、开发、生产和销售用于先进通信解决方案的创新产品、系统和服务。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具有前瞻性的陈述，涉及某些重大风险和不确定性。实际结果可能与这些前瞻性信息有重大差异。公司提交的证券交易委员会文件指出了许多此类风险和不确定因素。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。
PCMTL
View source version on businesswire.com: https://www.businesswire.com/news/home/20190911005174/en/
媒体：
Michael D. Porcelain，高级副总裁兼首席运营官
631-962-7000
[email protected]
