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Comtech Telecommunications Corp. Receives $2.1 Million of Additional Funding to Support State of Maryland Department of Human Services with IT ServicesOctober 29, 2019-- Comtech Telecommunications (News - Alert) Corp. (NASDAQ: CMTL) announced today that during its first quarter of fiscal year 2020, its Mission-Critical Technologies group, which is part of Comtech's Government Solutions segment, has been awarded $2.1 million of additional funding for the Second Renewal Option on an existing contract to provide the State of Maryland Department of Human Services ("DHS") with statewide Technical Operations Support Services ("TOSS"). To date, Comtech has received $11.1 million of funded orders against the contract. Comtech and its experienced team members work directly with DHS personnel to develop, maintain and support the IT needs of DHS. "This follow-on order further illustrates the importance of the IT servics Comtech continues to provide to the State of Maryland," said Fred Kornberg (News - Alert), President and Chief Executive Officer of Comtech Telecommunications Corp. The Mission-Critical 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 View source version on businesswire.com: https://www.businesswire.com/news/home/20191029005226/en/ |
