Comtech Telecommunications Corp. Announces $2.3 Million Order for Managed Network Services
MELVILLE, N.Y.--(BUSINESS WIRE)--
May 17, 2016--Comtech Telecommunications Corp. (Nasdaq: CMTL) announced
today that during its fourth quarter of fiscal 2016, its government
solutions segment received a $2.3 million funded order from a prime
contractor to the Department of Defense ("DoD") to continue to provide
managed network services through May 2017.
"We are pleased that this prime contractor has chosen us to continue to
supply managed network services to help support the DoD's mission
critical operations," said Dr. Stanton Sloane, President and Chief
Executive Officer of Comtech Telecommunications Corp.
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. The Company
believes it is a leader in most of the market segments that it serves.
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.