Comtech Telecommunications Corp. Subsidiary Signs Sword & Shield Enterprise Security, Inc., $31.0 Million Purchase Agreement for Next-Generation Troposcatter Antennas
MELVILLE, N.Y., May 17, 2010 (GlobeNewswire via COMTEX News Network) -- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its Orlando, Florida-based subsidiary, Comtech Systems, Inc., received a Blanket Purchase Agreement from Sword & Shield Enterprise Security, Inc. for $31.0 million for up to 152 of its next-generation, CSA3000 Transportable Fast Link Antennas (TFLAs), to replace all AN/TRC-170 legacy troposcatter antennas for the U.S. Marine Corps. The contract also includes spare parts and worldwide onsite training. Orders against this purchase agreement can be received over a thirty-six month period. The first call on this contract is for approximately $2.1 million.
The Marine Corps chose to fairly compete this procurement through NASA Solutions for Enterprise-Wide Procurement (SEWP IV) contract, a Government-Wide Acquisition Contract (GWAC) available for use by all federal agencies. Sword & Shield Enterprise Security, Inc., a SEWP IV prime contract holder, is a veteran-owned small business with Comtech products on contract available for purchase.
"We are privileged to work with Comtech and the Marine Corps to facilitate the procurement of this technology to better equip our military," said Will Henderson, Executive Vice President of Sword & Shield.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "This award is a testament to our industry-leading and field-proven troposcatter system technology. We are a proven strategic vendor that meets the U.S. Marine Corps' requirement for troposcatter communications which has become a prominent communications medium in Iraq and Afghanistan. We are well-positioned to address future demand for troposcatter systems and subsystems."
Comtech Systems' CSA3000 TFLA is a rapidly deployable troposcatter antenna that can be set up by only two people without any special tools and be operational in 30 minutes. The TFLA operates in the 4.4-5.0 GHz band and is compatible with the AN/TRC-170A (V)2/(V)3/(V)5 and a wide range of other troposcatter communications terminals. The TFLA consists of a three meter carbon fiber reflector mounted on a high-strength aluminum trailer, which provides the optimum balance between lightweight design and ruggedness.
Key features of the TFLA include an automated antenna pointing subsystem, four-port angle diversity feed subsystem and an optional self-contained electrical power subsystem. With this innovative four-port angle diversity feed subsystem, the TFLA can support either dual or quad diversity operation with only one reflector rather than two. As a result, rapid deployment and solid link performance can be obtained at a significantly lower life cycle cost than traditional systems that rely on separate antennas for space diversity.
Comtech Systems, Inc. (www.comtechsystems.com) specializes in system design, integration, supply and commissioning of turnkey communication systems including over-the-horizon microwave, line-of-sight microwave and satellite.
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.
Since 1997, Sword & Shield Enterprise Security, Inc. (www.sses.net) has been the trusted information security partner for more than 3,000 clients in all 50 states and in 27 countries around the world. The company provides network security products and services, risk & compliance assessments, and computer forensics and eDiscovery services. While Sword & Shield maintains a network security focus, the company works with sub-contractors to provide any IT-related products in its role as a prime SEWP IV contractor.
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.