Comtech Receives $3.7 Million of Funding To Support the BFT-2 Program
MELVILLE, N.Y.--(BUSINESS WIRE)--
June 4, 2018--Comtech Telecommunications Corp. (Nasdaq:CMTL) announced
today that during its third quarter of fiscal 2018, its Command and
Control Technologies group, through its Maryland-based subsidiary,
Comtech Mobile Datacom Corporation, which is part of Comtech's
Government Solutions segment, was awarded a contract modification
totaling $3.7 million from the Consortium Management Group ("CMG") to
support the U.S. Army Project Manager Mission Command ("PM MC") and the
Blue Force Tracking 2 ("BFT-2") program.
This contract modification provides funding for Phase 1B following the
Phase 1 execution in September 2017. The objective of both Phase 1 and
1B, which total $5.0 million, is to port additional waveforms onto the
current BFT-2 transceiver to allow it to be used in austere operational
environments. The final objective requires the ability to quickly change
to different waveforms based on changing operational environments and
requirements. Upon Phase 2 and 3 execution, the total value for all
Phases is $6.5 million.
The contract vehicle utilized for this award is pursuant to an Other
Transaction Agreement (OTA) between C5 and the U.S. Army Contracting
Command-New Jersey. The OTA enables the U.S. Army to direct a
coordinated research and development program designed to develop
prototype command, control, communications and computer technologies
directly relevant to weapon systems information technologies.
"I am ecstatic that we have received the additional modification for
this highly strategic contract and am pleased that the U.S. Army
continues to recognize the value of Comtech's services," said Fred
Kornberg, President and Chief Executive Officer of Comtech
Telecommunications Corp. "Comtech continues its commitment to providing
the U.S. Army and its soldiers with the highest level of support."
BFT-2 is the second-generation U.S. Army system that provides
Situational Awareness (SA) and Command & Control (C2) messaging to U.S.
Military platforms, and to Coalition Forces designated by the U.S.
Combatant Commands. It uses GPS for Positioning, Navigation and network
timing, and commercial satellites (L-Band) to exchange both SA and C2
messages between the platforms.
C5 represents industry and academia brought together to enhance the U.S.
Government's weapon systems and information technologies by leveraging
the national industrial and academic research and development bases to
advance and expand the nation's military technological superiority in
the critical fields of Command, Control, Communications and Computer
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.