Comtech Telecommunications Corp. Awarded $216.0 Million Blue Forcing Tracking Contract
September 4, 2007 at 12:00 AM EDT
MELVILLE, N.Y., Sep 04, 2007 (BUSINESS WIRE) --
Comtech Telecommunications Corp. (NASDAQ:CMTL) announced today that its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, has been awarded a $216.0 million indefinite delivery/indefinite quantity contract by the U.S. Army Communications Electronics Command (CECOM). The period of performance under the new contract begins on August 31, 2007 and ends on December 31, 2011, subject to annual government funding.
Under the terms of the contract with CECOM, Comtech will provide mobile satellite transceivers, satellite bandwidth, satellite network operations, engineering services and program management to the Force XXI Battle Command Brigade and Below - Blue Force Tracking (FBCB2-BFT) program, a battle command real-time situational awareness and control system.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "We are extremely pleased with this new multi-year contract awarded to Comtech by FBCB2-BFT. This new contract provides an exciting opportunity for us to work even more closely with FBCB2-BFT, and to continue to invest in innovative technology and features to address the needs of both the current and future warfighter."
Comtech Mobile Datacom Corporation, a Germantown, Maryland-based company, is engaged in the provision of satellite-based packet data communication systems and location and messaging services through the use of advanced communication and network technology. To learn more about Comtech Mobile Datacom, please visit the company's website at www.comtechmobile.com.
Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company believes many of its solutions play a vital role in providing or enhancing communication capabilities when terrestrial communications infrastructure is unavailable or ineffective. The Company conducts business through three complementary segments: telecommunications transmission, mobile data communications and RF microwave amplifiers. The Company sells products to a diverse customer base in the global commercial and government communications markets. The Company believes it is a market leader in the market segments that it serves.
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.
SOURCE: Comtech Telecommunications Corp.
Robert G. Rouse, 631-962-7000
Executive Vice President and Chief Operating Officer