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Comtech Awarded Three Year $123.6 Million Contract from U.S. Army

MELVILLE, N.Y.--(BUSINESS WIRE)-- March 5, 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 three year contract award valued at approximately $123.6 million to provide ongoing sustainment services for the AN/TSC-198A SNAP (Secret Internet Protocol Router (SIPR) and Non-classified Internet Protocol Router (NIPR) Access Point), Very Small Aperture Terminals (VSATs). SNAP terminals provide quick and mobile satellite communications capability to personnel in the field and Comtech will be the sole provider of these sustainment services.

"We are pleased that we have won this competitive solicitation to provide sustainment services for the SNAP satellite earth station terminals. We are pleased that the U.S. Army has selected us to continue to perform this important work," said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp. "We believe the award of this contract further validates our strategy of putting more emphasis on important contracts and working closely with the U.S. Army."

The contract was initially funded at $3.1 million with additional funding expected to occur across the performance period.

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.


Michael D. Porcelain, Senior Vice President and Chief Financial Officer

Source: Comtech Telecommunications Corp.

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