Comtech Awarded $7.5 Million Order from U.S. Army to Provide Troposcatter Equipment
MELVILLE, N.Y.--(BUSINESS WIRE)-- October 24, 2017-- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that during its first quarter of fiscal 2018, its Government Solutions segment’s Command and Control Technologies group received an order for $7.5 million to supply troposcatter equipment to support U.S. Army activities throughout the Korean Peninsula. Major components of the troposcatter equipment will be provided by Comtech Systems, Inc.
“Comtech is very pleased to provide critical communications capability to the U.S. Army, particularly in light of the Army’s need for a high state of readiness on the Korean Peninsula,” said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp.
The Command & Control Technologies group is a leading provider of mission-critical, highly-mobile C4ISR solutions.
Comtech Systems, Inc. specializes in system design, integration, supply and commissioning of turnkey communication systems including troposcatter, 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 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.
Michael D. Porcelain, Senior Vice President and Chief Financial Officer
Source: Comtech Telecommunications Corp.