Comtech Receives Government Approval to Move Forward on $544 Million U.S. Army Contract
February 01 2024 - 9:00AM
Business Wire
Feb. 1, 2024--Comtech (NASDAQ: CMTL) announced today it received
approval from the U.S. Army Contracting Command to move forward on
the Company’s previously announced $544 million Global Field
Service Representative (GFSR) contract.
Under this contract, Comtech will provide onsite professional
engineering services, as well as supply and support the Company’s
market leading satellite and terrestrial networking communications
technologies for the Project Manager Tactical Network (PM TN) for
the GFSR support program.
The GFSR program provides ongoing communications and IT
infrastructure support for the Army, Air Force, Navy, Marine Corps,
and NATO-enabling U.S. and coalition forces to maintain robust,
resilient, and secure connectivity for global all-domain operations
in all environments.
This task order was awarded on Comtech’s existing contract with
the U.S. Army, which leverages the ten-year, $5.1 billion Global
Tactical Communications Systems (GTACS) II indefinite delivery /
indefinite quantity (IDIQ) contract vehicle. Comtech was initially
selected as one of multiple GTACS II IDIQ awardees in 2020. The
GTACS II contract is designed to support of the Program Executive
Office Command, Control and Communications-Tactical (PEO C3T), and
PM TN. GTACS II provides the rapid acquisition of a wide range of
C3T hardware, software, engineering services and logistics support
services with an emphasis on tactical satellite communications.
About Comtech
Comtech Telecommunications Corp. is a leading global technology
company providing terrestrial and wireless network solutions,
next-generation 9-1-1 emergency services, satellite and space
communications technologies, and cloud native capabilities to
commercial and government customers around the world. Our unique
culture of innovation and employee empowerment unleashes a
relentless passion for customer success. With multiple facilities
located in technology corridors throughout the United States and
around the world, Comtech leverages our global presence, technology
leadership, and decades of experience to create the world’s most
innovative communications solutions. For more information, please
visit www.comtech.com.
Forward-Looking Statements
Certain information in this press release contains statements
that are forward-looking in nature and involve certain significant
risks and uncertainties. Actual results and performance 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/20240131744281/en/
Investor Relations Maria Ceriello 631-962-7115
investors@comtech.com
Media Contact Jamie Clegg 480-532-2523
jamie.clegg@comtech.com
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