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Comtech Telecommunications Corp. Awarded $14.3 Million of Additional Funding from U.S. Army

MELVILLE, N.Y.--(BUSINESS WIRE)--Apr. 30, 2019-- April 30, 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 $14.3 million to provide baseband equipment to support the United States Army.

“This additional funding continues to demonstrate the U.S. Army’s ongoing trust in Comtech’s ability to ultimately deliver communication equipment vital to the strategic success of the warfighter,” 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.


Source: Comtech Telecommunications Corp.

Michael D. Porcelain, Senior Vice President and Chief Operating Officer