Comtech Announces Initial $11.7 Million Order to Provide Several Thousand Mobile Satellite Transceivers to Support the U.S. Army's Blue Force Tracking-2 Program
February 21, 2018 at 9:00 AM EST
MELVILLE, N.Y.--(BUSINESS WIRE)--
February 21, 2018-- Comtech Telecommunications Corp. (Nasdaq:CMTL)
announced today that during its second quarter of fiscal 2018, its
Command and Control Technologies group, through its Maryland-based
subsidiary, Comtech Mobile Datacom Corporation, which is part of
Comtech's Government Solutions segment, was awarded an initial $11.7
million order to immediately provide several thousand of its next
generation MT-2025 Mobile Satellite Transceivers in support of the U.S.
Army's Blue Force Tracking-2 ("BFT-2") system.
The BFT-2 system, which is part of the U.S. Army's Joint Battle
Command-Platform (JBC-P) program, provides global real-time situational
awareness and networking capabilities for U.S. warfighters. The order
was received pursuant to a firm fixed price contract from ADS, Inc.
Manufacturing production will occur at Comtech's high-volume technology
manufacturing center which is located in Tempe, Arizona. Comtech expects
to begin shipments during the second half of its fiscal 2018. Additional
orders are expected.
Comtech's next generation MT-2025 transceiver, which is also known as
the Blue Force Tracker-2 High Capacity ("BFT-2-HC") Satellite
Transceiver, meets BFT-2 protocols, provides best-in-class reliability
and is fully backward compatible with the U.S. Army's Blue-Force
Tracking-1 system ("BFT-1").
Fred Kornberg, President and Chief Executive Officer of Comtech
Telecommunications Corp., said, "I am delighted that the U.S. Army has
chosen us to meet their immediate operational needs. The Army has
Comtech's full commitment in supporting both the BFT-1 and BFT-2
requirements. I look forward to delivering this initial and other orders
well into the future."
Comtech currently provides sustaining support for the BFT-1 system and
previously shipped over 100,000 BFT-1 mobile satellite transceivers.
The Command & Control Technologies group is a leading provider of
mission-critical, highly-mobile C4ISR solutions.
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.