Comtech Telecommunications Corp. Receives $6.3 Million in Orders for the Army National Guard's Acquisition of Movement Tracking System Equipment, Satellite Network Capacity and Technical Support Services
August 8, 2006 at 12:00 AM EDT
MELVILLE, N.Y., Aug 08, 2006 (BUSINESS WIRE) -- Comtech Telecommunications Corp. (NASDAQ:CMTL) announced today that its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, received orders totaling $6.3 million on its Movement Tracking System, or MTS contract, with the U.S. Army. The orders are for the Army National Guard's acquisition of MTS equipment, satellite network capacity and technical services. Total orders received to date against the $418.2 million U.S. Army logistics contract, including these National Guard orders, increased to $317.3 million.
The orders from the Army National Guard were funded and issued pursuant to the recently enacted supplemental Army National Guard and Army Reserve Equipment Plan. To date, orders to Comtech from this supplement total $53.9 million.
The orders are for the supply of satellite network capacity, installation kits, system installation services and technical training. These orders complement previous Army National Guard orders for Comtech's next generation Model MT-2012 mobile satellite transceivers, which feature embedded Radio Frequency Identification (RFID) and secure Global Positioning System (GPS) capabilities. Comtech's Model MT-2012 Transceiver features Savi Technology's ISO-compliant EchoPoint RFID Reader, which Savi also has deployed in the U.S. Department of Defense's In-Transit Visibility (ITV) network.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "These orders demonstrate the importance of Comtech's satellite network and technical support services in providing turn-key satellite tracking and communication systems to the Army National Guard. This critical communications capability will enable the Guard to better prepare for and react to disaster and recovery operations at the local, state and national levels. These new orders are ongoing evidence of the vital roles our communication and network technologies play in providing communications capabilities when conventional telecommunications systems are unavailable or ineffective."
Comtech Mobile Datacom Corporation, a Germantown, Maryland-based Company, is engaged in the provision of satellite-based packet data communication systems and location and messaging services through the use of advanced communication and network technology. To learn more about Comtech Mobile Datacom, please visit the company's website at www.comtechmobile.com.
Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company conducts its business through three complementary segments: telecommunications transmission, mobile data communications and RF microwave amplifiers. The Company offers niche products, systems and services where it believes it has technological, engineering, systems design or other expertise that differentiate its product offerings.
Savi Technology is a leading provider of supply chain management and security solutions leveraging software and Automatic Identification and Data Collection (AIDC) technologies, including Radio Frequency Identification (RFID).
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.
SOURCE: Comtech Telecommunications Corp.
Comtech Telecommunications Corp.
Robert G. Rouse 631-962-7000