<< Back

Comtech Telecommunications Corp. Receives $5.0 Million in Additional Orders Relating to Its North African End-Customer Contracts

December 4, 2014 at 1:00 PM EST

MELVILLE, N.Y.--(BUSINESS WIRE)-- December 4, 2014 -- Comtech Telecommunications Corp. (NASDAQ:CMTL) announced that its Orlando, Florida-based subsidiary, Comtech Systems, Inc., has received $5.0 million in contract modifications, almost all of which were received in November 2014, from a domestic prime contractor for equipment enhancements, additional services and spares related to its North African country end-customer contracts.

Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., stated, "We are extremely pleased by these orders for equipment enhancements, spares and services. We look forward to continuing to work with this prime contractor and foreign end-customer on this and future opportunities."

Comtech Systems, Inc. (www.comtechsystems.com) specializes in system design, integration, supply and commissioning of turnkey communication systems including over-the-horizon microwave, line-of-sight microwave and satellite.

Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company believes many of its solutions play a vital role in providing or enhancing communication capabilities when terrestrial communications infrastructure is unavailable, inefficient or too expensive. The Company conducts business through three complementary segments: telecommunications transmission, RF microwave amplifiers and mobile data communications. 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.

PCMTL

Media:
Michael D. Porcelain, Senior Vice President and Chief Financial Officer
631-962-7000
info@comtechtel.com

Source: Comtech Telecommunications Corp.

News Provided by Acquire Media