Comtech Telecommunications Corp. (NASDAQ:CMTL) announced that its Orlando, Florida-based subsidiary, Comtech Systems, Inc., has received $1.1 million in additional orders from the Brazilian Military for satellite spares to support an existing system. The Company previously announced, in October 2013, that it had received $1.1 million in orders for the same project.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., stated, "We are extremely pleased by this order from the Brazilian Military for additional satellite spares. Once again, our long-term commitment to investing in transmission technology has firmly established Comtech as the choice for this advanced communications solution."
Source: Comtech Telecommunications Corp.
Date: Nov 25, 2013