Comtech Telecommunications Corp. Awarded $2.6 Million Additional Funding from U.S. Army

10/15/20

MELVILLE, N.Y.--(BUSINESS WIRE)--October 15, 2020 -- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that during its first quarter of fiscal 2021, its Mission-Critical Technologies group, which is part of Comtech’s Government Solutions segment, was awarded $2.6 million of additional funding on a previously announced $223.4 million contract to provide Very Small Aperture Terminals to support the U.S. Army. The contract has been funded $217.6 million to date.

“Comtech has established itself as a trusted provider to the armed forces by delivering reliable, secure communication systems across the globe,” said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp. “The additional funding further illustrates Comtech’s essential role to the warfighter.”

The Mission-Critical Technologies group is focused on ensuring its customers are able to successfully carry out their mission, whether that be communicating in an austere environment on land or at sea, launching or tracking a satellite, or protecting the cyber security posture of their network.

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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