Comtech Awarded $1.0 Million Contract Modification from U.S. Army
January 24, 2018 at 10:00 AM EST
MELVILLE, N.Y.--(BUSINESS WIRE)--
January 24, 2018-- Comtech Telecommunications Corp. (Nasdaq:CMTL)
announced today that during its second quarter of fiscal 2018, its
Command & Control Technologies group, which is part of Comtech's
Government Solutions segment, has received a contract modification
valued at approximately $1.0 million from the U. S. Army Project Manager
(PM) Tactical Networks. The modification increases the total amount
funded on this delivery order from $39.4 million to $40.3 million. The
funding will support enhanced readiness for U.S. based expeditionary
"Comtech has established itself as a trusted provider to the maneuver
elements of the armed forces by delivering reliable, secure
communications systems," said Fred Kornberg, President and Chief
Executive Officer of Comtech Telecommunications Corp. "This award
further illustrates that Comtech is making an important contribution to
their mission success."
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.