Comtech Telecommunications Corp. Receives Order of $24.7 Million for Blue Force Tracking Transceivers
MELVILLE, N.Y., Oct 6, 2008 (GlobeNewswire via COMTEX News Network) -- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, received orders totaling $24.7 million under its IDIQ contract with the U.S. Army Communications Electronics Command (CECOM).
Comtech will supply both its Model MT-2011 Mobile Satellite Ground and Aviation Data Transceivers to the Force XXI Battle Command Brigade and Below - Blue Force Tracking (FBCB2-BFT) program, a battle command real-time situational awareness and control system.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "We are extremely pleased to receive these new orders from our BFT customer. These orders highlight the critical role our satellite transceivers play in this important program. We look forward to our continued involvement in the FBCB2-BFT Program and other critical programs for the Department of Defense."
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 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.