Comtech Awarded $4.8 M Additional Funding from US Army

Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that during its third quarter of fiscal 2019, its Command & Control Technologies group, which is part of Comtech’s Government Solutions segment, received additional funding of $4.8 million on the previously announced three-year $124.2 million contract to provide ongoing sustainment services for the AN/TSC-198A SNAP (Secret Internet Protocol Router (“SIPR”) and Non-classified Internet Protocol Router (“NIPR”) Access Point), and Very Small Aperture Terminals (“VSATs”). SNAP terminals provide quick and mobile satellite communications capabilities to personnel in the field. The contract has been funded $50.6 million to date.

“This additional funding demonstrates Comtech’s continued commitment to the U.S. Army and our ultimate dedication to our warfighters,” 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 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.

Source: Comtech Telecommunications Corp.
Date: May 2, 2019