Comtech Awarded $211.0 Million Contract to Supply Troposcatter Equipment in Support of U.S. Marine Corps Next Generation Troposcatter System

MELVILLE, N.Y. –
January 7, 2020– Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that during its second quarter of fiscal 2020, its Orlando, Florida-based subsidiary, Comtech Systems, Inc., which is part of Comtech’s Government Solutions segment, was awarded a 10-year, $211.0 million indefinite delivery/indefinite quantity (“IDIQ”) contract by the Cubic Mission Solutions (“Cubic”) business division of Cubic Corporation (NYSE: CUB) to provide next generation troposcatter systems in support of the U.S. Marine Corps.

In connection with this contract award, Comtech received an initial $13.4 million order to supply next generation terminals to Cubic. Delivery of the first units will support test and evaluation for the U.S. Marine Corps.

Compared to legacy systems for the U.S. Marine Corps, Cubic and Comtech’s next generation troposcatter solution increases bandwidth by an order of magnitude and reduces the size, weight and power by nearly 90 percent, making it the highest data capacity and most mobile beyond-line-of-sight system in the world.

“We are extremely excited to be able to provide our leading next generation troposcatter solution to Cubic, in support of the U.S. Marine Corps,” said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp. “As the world’s leader in digital troposcatter systems, our next generation technology will enable the warfighter to communicate more reliably and with greater capability on the battlefield than ever before.”

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

媒体:

Michael D. Porcelain,高级副总裁兼首席运营官

631-962-7000

[email protected]

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