Comtech Telecommunications Corp. Receives Orders Totaling $24.9 Million to Support Existing BFT Satellite Channels and Other Support Services
MELVILLE, N.Y., Sep 8, 2010 (GlobeNewswire via COMTEX News Network) -- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, received orders totaling $24.9 million under its existing $384.0 million BFT contract with the U.S. Army Communications Electronics Command.
The orders are in support of the Force XXI Battle Command Brigade and Below -- Blue Force Tracking (FBCB2-BFT) program, a U.S. Army battle command real-time situational awareness and control system and ensures Comtech's continued support of all existing deployed BFT satellite channels for a six-month period ending in March 2011, as well as providing test channel services and supporting the command's BRAC related move from Ft. Monmouth, NJ to its new headquarters at the Aberdeen Proving Grounds military base located in Maryland.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "We are pleased to receive these orders for our continued support of ongoing U.S. Army operational needs. These orders demonstrate the continuing importance of our BFT-1 system to soldiers in theater, the demand for which we believe will continue for a number of years."
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, inefficient or too expensive. 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.