Comtech Telecommunications Gets USD 9.1M Additional 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, was awarded USD 9.1 million of additional funding, including USD 7.8 million in the fourth quarter of fiscal 2020, all which is part of its previously announced USD 223.4 million contract to provide Very Small Aperture Terminals (“VSATs”) to support the US Army, the company said.

The contract has been funded USD 194.9 million to date.

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.