Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that it has received a $20 million contract from a foreign military customer for tactical digital over-the-horizon microwave communications equipment.
The contract was awarded to Comtech's Orlando, Florida-based subsidiary, Comtech Systems, Inc. Comtech Systems will supply the complete communications system, including tactical over-the-horizon microwave radios, its state of the art 8MB adaptive digital modem, as well as multiplex and cryptographic equipment and power generation equipment. The 4.5 meter mobile antennas will be supplied by Comtech's St. Cloud, Florida subsidiary, Comtech Antenna Systems, Inc. Deliveries will occur over an 18 month period.
Commenting on this award, Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "This contract is further evidence of Comtech's dominant market position in over-the-horizon microwave communications. As mentioned in previous investor conference calls, this technology is experiencing a resurgence based on its high level of reliability, security and ability to communicate over unfriendly terrain."
Comtech Systems, Inc., (www.comtechsystems.com) an Orlando, Florida based company, specializes in system design, integration, supply and commissioning of turnkey communication systems including satellite, over-the-horizon microwave and line-of-sight microwave systems.
About Comtech Telecommunications Corp.
Comtech Telecommunications Corp. (Nasdaq: CMTL) is an innovative player in the domestic and global high-technology markets. Through its operating units, Comtech pursues opportunities in three interrelated market segments: telecommunications transmission, RF microwave amplifiers, and mobile data communications services. In each of these segments, growth is driven by increasing demand for telecommunications infrastructure and network and messaging services. The Company's specialties include the design and manufacture of advanced products and networks used for transmission of voice, data and video using satellite, over-the-horizon microwave, terrestrial line of sight and other wireless communications systems. More than 300 distinct Comtech products are in service in more than 100 countries.
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.
Comtech Telecommunications Corp., Melville
Fred Kornberg or Robert G. Rouse, 631/777-8900
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
Copyright (C) 2003 Business Wire. All rights reserved.