Comtech Awarded an Order in Excess of $3.0 Million for Parts Management Procurement Services by International Space and Communications Customer
Jul. 30, 2018
MELVILLE, N.Y.--(BUSINESS WIRE)--Jul 30, 2018--July 30, 2018-- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that during its fourth quarter of fiscal 2018, its Command & Control Technologies group which is part of Comtech’s Government Solutions segment, was awarded an order in excess of $3.0 million by an international Space and Communications customer.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "This most recent award further illustrates that our customers continue to recognize the unique value of Comtech’s space level electronic parts supply chain management and engineering services expertise in their most important satellite programs."
The Command & Control Technologies group is a leading provider of mission-critical, highly-mobile C4ISR solutions. For over 40 years, the Space & Component Technology Division, now located in Cypress, California, has specialized in supply of high reliability microelectronics, supplying Electrical, Electronic and Electromechanical (EEE) parts for use in satellite and launch vehicle applications. They also provide services encompassing all aspects of ground station life cycle to include: requirements definition and analysis; design, development and integration of turnkey systems from antenna to data processing; civil works and construction; station installation and verification; operations and maintenance; and decommissioning at end of life. A line of X/Y satellite tracking antennas, radomes and carbon fiber reflectors for LEO, MEO and GEO orbits are also supplied.
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.
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Michael D. Porcelain, Senior Vice President and Chief Financial Officer
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: TECHNOLOGY HARDWARE TELECOMMUNICATIONS OTHER TECHNOLOGY SATELLITE SEMICONDUCTOR MANUFACTURING AEROSPACE ENGINEERING DEFENSE CONTRACTS OTHER DEFENSE
SOURCE: Comtech Telecommunications Corp.
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PUB: 07/30/2018 09:00 AM/DISC: 07/30/2018 09:00 AM