TMCnet News

Comtech Awarded $6.2 Million of Additional Funding from U.S. Army
[February 12, 2019]

Comtech Awarded $6.2 Million of Additional Funding from U.S. Army


February 12, 2019 -- Comtech Telecommunications (News - Alert) Corp. (Nasdaq:CMTL) announced today that during its second quarter of fiscal 2019, its Command & Control Technologies group, which is part of Comtech's Government Solutions segment, received additional funding of $6.2 million on the previously announced three-year $123.6 million contract that has subsequently been increased to $124.2 million, to provide ongoing sustainment services for the AN/TSC-198A SNAP (Secret Internet Protocol Router (SIPR) and Non-classified Internet Protocol Router (NIPR) Access Point (News - Alert)), Very Small Aperture Terminals (VSATs). SNAP terminals provide quick and mobile satellite communications capabilities to personnel in the field. The contract has been funded $45.8 million to date.

"We are pleased that we have the opportunity to provide continued support and hardware t this prime contract in order to continue our support to the U.S. Army's mission critical needs," said Fred Kornberg (News - Alert), President and Chief Executive Officer of Comtech Telecommunications Corp. "These orders, through the Global Tactical Advanced Communication Systems (GTACS) contract, reemphasizes our partnership in supporting our warfighters."



The Command & Control Technologies group is a leading provider of mission-critical, highly-mobile C4ISR solutions.

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 markets.


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.

PCMTL


[ Back To TMCnet.com's Homepage ]