Comtech Receives $1.6M Order for Movement Tracking System Equipment(MELVILLE, N.Y.) -- Comtech Telecommunications Corp. (NASDAQ:CMTL) announced today that its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, received a $1.6 million order under its Movement Tracking System, or MTS contract, with the U.S. Army. The order is for the Army National Guard's acquisition of MTS installation kits. Total orders received to date against the $418.2 million U.S. Army logistics contract, including these National Guard orders, increased to $328.9 million.
The $1.6 million order from the Army National Guard was funded and issued pursuant to the recently enacted supplemental Army National Guard and Army Reserve Equipment Plan. To date, orders to Comtech from this supplement total $55.4 million.
Military Global Navigation Satellite Systems (GNSS) Market Assessment
The order is for the supply of installation kits to continue the deployment of MTS equipment throughout the Army National Guard. This order complements previous Army National Guard orders for Comtech's next generation Model MT-2012 mobile satellite transceivers, which feature embedded Radio Frequency Identification (RFID) and secure Global Positioning System (GPS) capabilities. Comtech's Model MT-2012 transceiver features Savi Technology's ISO-compliant EchoPoint RFID Reader, which Savi also has deployed in the U.S. Department of Defense's In-Transit Visibility (ITV) network.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "We are pleased to have received this follow-on order from the Army National Guard. The supplemental funding bill will enable further deployment of our field-proven technology used extensively by the U.S. Army and Army National Guard in areas of conflict, such as Iraq and Afghanistan, to be placed directly in the hands of the National Guard's first responders."
Source : Comtech Telecommunications Corp.