Comtech Telecommunications Corp. Receives $4.7 Million Movement Tracking System Order for Its Next Generation Transceiver
August 18, 2005 at 8:00 AM EDT
MELVILLE, N.Y., Aug 18, 2005 (BUSINESS WIRE) -- Comtech Telecommunications Corp. (NASDAQ:CMTL) announced today that its Maryland-based subsidiary, Comtech Mobile Datacom Corp., has received an order totaling $4.7 million on its Movement Tracking System, or MTS contract, with the U. S. Army. This order is for the purchase of Comtech's next generation mobile satellite transceiver, which features embedded RFID and secure GPS capabilities, along with ruggedized computers and control stations.
Total orders received to date against the $418.2 million contract increased to $195.5 million.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "We are pleased with the continuing demand from the U. S. Army for our MTS products, and we remain very excited about the deployment of our next generation transceiver. This new transceiver exemplifies our commitment to work closely with our customers to deliver targeted solutions addressing their needs."
Comtech Mobile Datacom Corp., a Germantown, Maryland-based company, is engaged in the provision of satellite-based packet data communication systems and location and messaging services. 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 conducts its business through three complementary segments: telecommunications transmission, mobile data communications, and RF microwave amplifiers. The Company offers niche products, systems and services where it believes it has technological, engineering, systems design or other expertise that differentiate its product offerings.
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
Comtech Telecommunications Corp.
Robert G. Rouse