Comtech Telecommunications Corp. Awarded $2.0 Million Contract for High-Power Amplifier System Spares
MELVILLE, N.Y., Apr 13, 2009 (GlobeNewswire via COMTEX News Network) -- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its New York-based subsidiary, Comtech PST Corp., received a $2.0 million contract for broadband, solid state, high-power RF microwave amplifier system spares from an international original equipment manufacturer (OEM). These spares are being provided in support of previously-fielded communications jamming high-power amplifier systems for the electronic warfare market.
In commenting on this contract award, Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "We are pleased to be able to generate new business while providing valuable long-term support to our customer. This spares order will provide value to the customer by extending the operating life of previously sold high-power communication jamming amplifier systems."
Comtech PST Corp. (www.comtechpst.com) is a leading independent supplier of broadband, high-power, high performance RF microwave amplifiers for use in a broad spectrum of applications including defense, medical, satellite communications systems and instrumentation.
Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company believes many of its solutions play a vital role in providing or enhancing communication capabilities when terrestrial communications infrastructure is unavailable or ineffective. The Company conducts business through three complementary segments: telecommunications transmission, mobile data communications and RF microwave amplifiers. The Company sells products to a diverse customer base in the global commercial and government communications markets. The Company believes it is a market leader in 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.