Comtech Telecommunications Corp. Receives $11.0 Million of Additional Orders for Its Mobile Data Communications Products
July 22, 2004 at 10:05 AM EDT
MELVILLE, N.Y., Jul 22, 2004 (BUSINESS WIRE) -- Comtech Telecommunications Corp. (NASDAQ:CMTL) announced today that its Maryland-based subsidiary, Comtech Mobile Datacom Corp., has recently received $11.0 million of additional orders, $7.2 million of which are for mobile satellite transceivers, ruggedized computers, installation and training services, as well as satellite service time relating to the Movement Tracking System, or MTS, contract with the U.S. Army Logistics Command.
The remaining, $3.8 million of additional orders are for mobile terminal transceivers for Force XXI Battle Command Brigade and Below-Blue Force Tracking (FBCB2-BFT), a battle command real-time situational awareness command and control system. The FBCB2-BFT transceivers were ordered against the MTS contract. These orders, which were funded out of the Army's fiscal 2004 budget, bring the total orders against the $418 million MTS contract to-date to approximately $110.8 million.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "The continuing strong demand for our mobile data communications products from both the logistics and warfighter communities is tangible evidence of the superior performance and important role our technology is playing in an increasingly network-centric U.S. Military."
Comtech Mobile Datacom Corp., a Germantown, Maryland-based company, is engaged in the provision of satellite-based packet data communication systems and location and messaging services. To learn more about Comtech Mobile Datacom, please visit the company's website at www.comtechmobile.com.
Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company conducts its business through three complementary segments: telecommunications transmission, RF microwave amplifiers, and mobile data communications. The Company offers niche products, systems and services where it believes it has technological, engineering, systems design or other expertise that differentiate its product offerings.
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.
Comtech Telecommunications Corp.
Fred Kornberg, President and Chief Executive Officer
Robert G. Rouse, Chief Financial Officer
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