Comtech Telecommunications Corp. Awarded $6.7 Million Additional Funding from U.S. Army
October 22 2019 - 9:00AM
Business Wire
October 22, 2019 -- 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 additional funding
of $6.7 million to provide Very Small Aperture Terminals (“VSAT”)
to support the U.S. Army.
“Comtech is pleased to have the opportunity to provide this
mission essential equipment to the U.S. Army,” said Fred Kornberg,
President and Chief Executive Officer of Comtech Telecommunications
Corp. “These orders continue to demonstrate Comtech’s commitment to
our warfighters.”
The Mission-Critical 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.
Certain information in this press release contains statements
that are forward-looking in nature and involve certain significant
risks and uncertainties. Actual results could differ materially
from such forward-looking information. The Company's Securities and
Exchange Commission filings identify many such risks and
uncertainties. Any forward-looking information in this press
release is qualified in its entirety by the risks and uncertainties
described in such Securities and Exchange Commission filings.
PCMTL
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version on businesswire.com: https://www.businesswire.com/news/home/20191022005349/en/
Media: Michael D. Porcelain, Senior Vice President and
Chief Operating Officer 631-962-7000 info@comtechtel.com
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