Comtech Awarded $235.7 Million Contract from the U.S. Army
February 9, 2021-- Comtech Telecommunications Corp. (NASDAQ:
CMTL) announced today, that during its second quarter of fiscal
year 2021, its Mission-Critical Technologies group, which is part
of Comtech’s Government Solutions segment, was awarded a contract
valued up to $235.7 million to provide the U.S. Army with ongoing
system refurbishments, sustainment services and baseband equipment.
This effort will support the sustainment of the Army’s AN/TSC-198
Secret Internet Protocol Router (“SIPR”) and Non-secure Internet
Protocol Router (“NIPR”) Access Point (“SNAP”) family of ground
satellite terminals, to include spare parts, repairs, upgrades,
refurbishments, logistics and engineering services, and
The total contract value includes a base year award and three
one-year option periods exercisable by the U.S. Army. The $57.9
million base year award ceiling has been initially funded $11.5
million by the U.S. Army, with additional funding expected to occur
over the remaining base year performance period.
“Comtech is honored to remain the U.S. Army’s trusted partner in
providing refurbishments, sustainment services and baseband
equipment. We are pleased that we have won this competitive
solicitation, further reinforcing our legacy of supporting the U.S.
Army,” said Fred Kornberg, Chairman of the Board and Chief
Executive Officer of Comtech Telecommunications Corp.
The Mission-Critical Technologies group is focused on ensuring
its customers are able to successfully carry out their mission,
whether that be communicating in an austere environment on land or
at sea, launching or tracking a satellite, or protecting the cyber
security posture of their network.
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
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.
version on businesswire.com: https://www.businesswire.com/news/home/20210209005286/en/
Media Contact: Michael D. Porcelain, President and Chief
Operating Officer 631-962-7000 email@example.com