Comtech Telecommunications Corp. (Nasdaq: CMTL) has announced that during its first quarter of fiscal 2018, its Safety and Security and Enterprise Technologies groups, both of which are part of Comtech´s Commercial Solutions segment, have been awarded three five-year contracts with an aggregate value of approximately USD 22.4 million, the company said.
The contracts, which were awarded by a major US telecommunications company, provide for the installation, ongoing service and related maintenance of Next Generation 9-1-1 public safety Call Handling and Emergency Services IP Network (ESInet) solutions for multiple local, state, and federal government customers. Each of these three contract awards have an initial performance period of two years and provide for three annual option periods. In connection with these contract awards, Comtech received initial funded orders aggregating approximately USD 8.3 million.
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.