Comtech Receives $2.2 M Funding from US Army

Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that during its first quarter of fiscal 2020, its Mission-Critical Technologies group, which is part of Comtech’s Government Solutions segment, received incremental funding of $2.2 million, which is part of the previously announced $98.6 million ceiling contract to provide the U.S. Army with global field support services for military satellite communication (“SATCOM”) terminals around the world. The contract has been funded $24.4 million to date.

“Supporting the U.S. warfighter is a privilege for Comtech and we are honored that the Army has entrusted us with this mission,” said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp.

The Army’s mission-critical ground SATCOM terminals provide inter and intra-theater network communications with worldwide reach back capability. The field support contract covers diverse engineering and technical skills to support these SATCOM terminals, including logisticians, help desk, network engineering, security engineering, RF and satellite system engineering and support.

The Mission-Critical Technologies group is a leading provider of mission-critical, highly-mobile C4ISR and other advanced secure wireless communications.

Source: Comtech Telecommunications Corp.
Date: Oct 28, 2019