Comtech Telecommunications Gets USD 10.8M in Funding from US Army

Comtech Telecommunications Corp. (NASDAQ: CMTL) has announced that its Mission-Critical Technologies group, which is part of Comtech´s Government Solutions segment, received additional funding of USD 10.8 million on its previously announced USD 98.6 million contract to provide the US Army with global field support services for military satellite communication (“SATCOM”) terminals around the world, the company said.

The contract has been funded USD 35.2 million to date (of which USD 8.9 million was received in Comtech´s fourth quarter of fiscal 2020).

The Army´s mission-critical ground SATCOM terminals provide inter and intra-theater network communications with worldwide reach back capability. The field support contract covers diverse engineering and technical skills to support these SATCOM terminals, including logisticians, help desk, network engineering, security engineering, RF and satellite system engineering and support.

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 communications markets.