Comtech Telecommunications Corp. Awarded $14.7 Million Additional Funding from U.S. Army

May 14, 2019-- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today, that during its third quarter of fiscal 2019, its Command & Control Technologies group, which is part of Comtechs Government Solutions segment, received additional funding of $14.7 million to provide Very Small Aperture Terminals (VSAT) to support the U.S. Army.

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Tuesday, May 14, 2019
Information
Tags: 
Technology, Electronic design automation, Hardware, Internet, Networks, Software, Audio, Video, Telecommunications, Other Technology, Transport, Satellite, Security, Semiconductor, VoIP, Manufacturing, Logistics, Supply chain management, Aerospace, Communications, Other Communications, Satellite Internet access, Telecommunications equipment, Very-small-aperture terminal
Geotags: 
United States, NEW YORK
⚠generated by AI ↴
Summary
Key Points: 
  • May 14, 2019-- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today, that during its third quarter of fiscal 2019, its Command & Control Technologies group, which is part of Comtechs Government Solutions segment, received additional funding of $14.7 million to provide Very Small Aperture Terminals (VSAT) to support the U.S. Army.
  • This additional funding illustrates the value we provide to the U.S. Armys ongoing objectives and demonstrates how this support strengthens the warfighters on-going capabilities for success in their missions, said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp.
  • Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions.
  • Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties.


May 14, 2019-- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced
today, that during its third quarter of fiscal 2019, its Command &
Control Technologies group, which is part of Comtech’s Government
Solutions segment, received additional funding of $14.7 million to
provide Very Small Aperture Terminals (“VSAT”) to support the U.S. Army.

“This additional funding illustrates the value we provide to the U.S.
Army’s ongoing objectives and demonstrates how this support strengthens
the warfighter’s on-going capabilities for success in their missions,”
said Fred Kornberg, President and Chief Executive Officer of Comtech
Telecommunications Corp.

The Command & Control 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

Copyright: 
Copyright Business Wire 2019