Comtech Awarded $7.0 Million in Contracts for Parts Management Procurement Services by International Space and Communications Customer
MELVILLE, N.Y.--(BUSINESS WIRE)--
May 29, 2018--Comtech Telecommunications Corp. (Nasdaq:CMTL) announced
today that during its third quarter of fiscal 2018, its Command &
Control Technologies group, which is part of Comtech's Government
Solutions segment, was awarded new contracts in excess of $7.0 million
by an international Space and Communications customer.
Fred Kornberg, President and Chief Executive Officer of Comtech
Telecommunications Corp., said, "We are extremely pleased with our
customer's continued confidence in our supply chain management expertise
for these highly-advanced satellites. The fact that we have continued to
serve this customer for over 30 years is extremely satisfying and
clearly demonstrates the value we bring to our customers."
The Command & Control Technologies group is a leading provider of
mission-critical, highly-mobile C4ISR solutions. For over 40 years, the
Space & Component Technology Division, now located in Cypress,
California, has specialized in supply of high reliability
microelectronics, supplying Electrical, Electronic and Electromechanical
(EEE) parts for use in satellite and launch vehicle applications. They
also provide services encompassing all aspects of ground station life
cycle to include: requirements definition and analysis; design,
development and integration of turnkey systems from antenna to data
processing; civil works and construction; station installation and
verification; operations and maintenance; and decommissioning at end of
life. A line of XY satellite tracking antennas, radomes and carbon fiber
reflectors for LEO, MEO and GEO orbits is also supplied.
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.