Comtech Telecommunications Corp. Announces $7.6 Million in Funding

8/9/16

MELVILLE, N.Y.--(BUSINESS WIRE)--August 9, 2016 -- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that during its fourth quarter of fiscal 2016, its Government Solutions segment received a $7.6 million funded order for its Secret Internet Protocol Router and Non-Secure Internet Protocol Router Access Point (SNAP) Very Small Aperture Terminal (VSAT) satellite systems.

To-date, Comtech has received $49.5 million of funded orders against the $91.0 million contract ceiling. The U.S. Army Project Manager for the Warfighter Information Network - Tactical (PM WIN-T) Commercial Satellite Terminal Program is funding this procurement through the Army's GTACS contract vehicle.

“Our cost-effective, easily deployable and reliable communications systems provide the ideal advanced communication support needed by the U.S. Army, and we are pleased to once again announce they will continue to fund further investments for our SNAP and VSAT hardware,” 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.

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