Comtech Telecommunications Signs a $6.0 M Purchase Agreement for High-Power Amplifiers
Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its New York-based subsidiary, Comtech PST Corp., signed a Purchase Agreement valued at $6.0 million and received multiple orders pursuant to the Agreement totaling approximately $3.7 million from a major domestic OEM to supply solid-state high-power amplifiers. The balance of orders under the agreement are expected to be received over the next fifteen months.
These amplifiers are key components in a complex Identification Friend or Foe (IFF) system used to interrogate aircraft to determine their friend or foe status. This order supplements an installed base of Comtech IFF solid-state high-power amplifiers previously delivered to this customer.
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Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "This order reaffirms the quality and reliability of Comtech's solid-state amplifier products as well as the continuation of our relationship with this premier supplier of IFF systems to both U.S. and international customers."
Source : Comtech Telecommunications Corp. - view original press release
May 24 - 25, 2017 - Annapolis, United States