Comtech Telecommunications Corp. Receives Strategic Order From U.S. Army for Next-Generation MTS Technology and Other Engineering and Support
MELVILLE, N.Y., Sep 30, 2009 (GlobeNewswire via COMTEX News Network) -- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, received orders totaling $2.5 million under its Movement Tracking System, or MTS contract, with the U.S. Army. Total orders received to date against the $605.1 million MTS contract increased to $548.7 million.
This order, which includes engineering and other support activities, is a highly strategic breakthrough for Comtech and calls for an upgrade of the U.S. Army's MTS system to incorporate our next-generation Adaptive Multi-user Detection ("AMD") technology products in support of existing and future MTS program activities. This order is a significant milestone as MTS joins Blue Force Tracking as the second major U.S. Army program to adopt this next-generation technology to support Army network needs across the globe. Our backward compatible MTS and BFT next-generation solutions enable a significant improvement in overall system performance and an increase in the number of possible concurrent network users.
"We are excited and pleased to receive this order which reinforces the unique capabilities and significant value of our next-generation MTS solutions. The decision by the MTS program office allows our MTS customer to experience improved performance today and reinforces our view of the importance of backward compatible new technology to meet the U.S. Army's future needs," said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp.
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.