Comtech Wins Strategic $134.0 Million Contract to Provide 911 Public Safety and Security Technologies to a U.S. Wireless Carrier
150 Million Mobile Users to Benefit From More Reliable 911 Routing
MELVILLE, N.Y.--(BUSINESS WIRE)--
February 20, 2018-- Comtech Telecommunications Corp. (Nasdaq:CMTL)
announced today, that during its second quarter of fiscal 2018, its
Safety & Security Technologies group, which is part of Comtech's
Commercial Solutions segment, was awarded a strategic multi-year
contract valued at approximately $134.0 million from one of the largest
wireless carriers in the United States to provide FCC mandated enhanced
911 ("E911") services.
Under this competitively awarded contract, this U.S. wireless carrier is
expected to migrate existing and planned new cell sites from a
competitive solution to Comtech's more advanced, secure and reliable 911
call routing technologies and Comtech will become the leading provider
to this wireless carrier for E911 services for its nationwide 3G, 4G,
and 5G networks. Comtech's advanced solutions will support both current
911 infrastructure and Next Generation 911 networks. Next Generation 911
networks enable text messaging, image, data and video processing.
This new contract, which was issued in the form of an amendment to an
existing contract, resulted in a significant increase to Comtech's
existing backlog. The contract was effective immediately, has an initial
expiration date during Comtech's first quarter of fiscal 2023 and will
automatically renew, under certain conditions.
For more than fifteen years, Comtech has continuously provided this U.S.
wireless carrier with a number of safety and security solutions
including 911 call routing technologies. In 1996, the FCC issued an
order requiring wireless carriers to determine and transmit the location
of callers who dial 911. Comtech's E911 solutions facilitates compliance
by identifying the assigned public service answering point (or dispatch
center) and by delivering the caller's location information to public
safety personnel who can respond and provide any necessary emergency
services. Comtech's highly reliable safety and security technologies
enable the successful handling of over four (4) million 911 calls and
texts each month.
"Without any doubt, this contract award validates that Comtech's safety
and security technologies are more advanced, secure and reliable than
any existing competitive technology. We are honored that this carrier
has selected us to perform this critical work for approximately 150
million of its end customers," said Fred Kornberg, President and Chief
Executive Officer of Comtech Telecommunications Corp. "We fully
appreciate the critical importance of wireless 911 routing and are proud
of our 20-year history of providing 99.999% E911 routing service
availability to our wireless and VoIP carriers."
Comtech Telecommunications Corp. designs, develops, produces, and
markets innovative products, systems and services for advanced
communications solutions. The Company sells products to a diverse
customer base in the global commercial and government communications
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.