Comtech Receives $2.1 Million Order from State of Maryland for Information Technology Support
MELVILLE, N.Y.--(BUSINESS WIRE)-- October 26, 2017-- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that during its first quarter of fiscal 2018, its Command & Control Technologies group, which is part of Comtech’s Government Solutions segment, received a $2.1 million order from the State of Maryland. Under terms of the agreement, Comtech will provide the state’s Human Resources department with Information Technology (IT) support through July 2018.
“I am pleased that the State of Maryland has again reaffirmed the value of Comtech’s IT support,” said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp.
This most recent award is the third in Comtech’s multi-year contract with the State of Maryland. Two additional one-year options remain on the contract.
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.
Michael D. Porcelain, Senior Vice President and Chief Financial Officer
Source: Comtech Telecommunications Corp.