Comtech Telecommunications Corp. Receives $14.3 Million of Funding for Orders to Support Department of Defense Operations
April 11, 2016 at 10:00 AM EDT
MELVILLE, N.Y.--(BUSINESS WIRE)--
April 11, 2016--Comtech Telecommunications Corp. (Nasdaq: CMTL)
announced today that, during its third quarter of fiscal 2016, its
government solutions segment has received funding for orders,
aggregating $14.3 million, to provide advanced communications solutions
for the Department of Defense. These orders, which will support mission
critical operations, include:
$8.4 million for tactical communications systems that provide
multimedia communications capabilities which convey encrypted voice,
video and data;
$3.1 million for field support of ground satellite terminals; and
$2.8 million for the delivery of training solutions.
"The U.S. military depends on having advanced communications solutions.
These orders demonstrate the wide breadth of innovative solutions that
Comtech offers and we are pleased that we can continue to support their
mission critical operations," said Dr. Stanton Sloane, President and
Chief Executive Officer of Comtech Telecommunications Corp.
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. The Company
believes it is a leader in most of the market segments that it serves.
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.