Comtech Telecommunications Corp. Receives $31.0 Million Contract for Transportable Troposcatter Systems
June 25, 2018 at 9:00 AM EDT
MELVILLE, N.Y.--(BUSINESS WIRE)--
June 25, 2018-- Comtech Telecommunications Corp. (Nasdaq: CMTL)
announced today that during its fourth quarter of fiscal 2018, its
Orlando-based subsidiary, Comtech Systems, Inc., which is part of
Comtech's Government Solutions segment, has received an order totaling
approximately $31.0 million for its Modular Transportable Transmission
System (MTTS) troposcatter terminals from a foreign subsidiary for a
U.S. based top-tier prime contractor. The transportable troposcatter
system will be utilized by an international end-customer as part of a
deployable communications network for an Asia Pacific military. Comtech
has not sold troposcatter systems to this end-customer before.
Fred Kornberg, President and Chief Executive Officer of Comtech
Telecommunications Corp., commented, "We are pleased that we have
received this large contract from this international end-customer for
our MTTS terminals. We believe that this contract award is the first of
several orders we will receive from this customer over the next several
years and is tangible evidence that our marketing and sales efforts to
expand the level of our international business into new countries for
this product line is starting to pay-off."
The transportable troposcatter systems to be provided for this
end-customer includes the supply of Comtech's quad-diversity terminals
which incorporates our field proven 50 Mb/s troposcatter modems. Comtech
MTTS terminals provide users with an unmatched capability to support
high data rate, beyond line-of-sight communications links in a deployed
network. The project also showcases Comtech's ability to customize
solutions for country-specific requirements.
Comtech Systems, Inc. (www.comtechsystems.com)
specializes in system design, integration, supply and commissioning of
turnkey communication systems including troposcatter, line-of-sight
microwave and satellite.
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.