Comtech Telecommunications Corp. Awarded $3.6 Million Equipment Order to Support Government Agency Network Upgrade
By Business Wire News
By Business Wire News
July 7, 2016– Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., which is part of Comtech’s Commercial Solutions segment, received a $3.6 million equipment order as part of a buying agreement to support a government agency’s satellite network upgrade.
This order is the final order of a $6.2 million buying agreement, which encompasses a range of Comtech EF Data ground equipment, including the CDM-625 Advanced Satellite Modem with DoubleTalk® Carrier-in-Carrier®, redundancy switches, and RF products for indoor and outdoor environments. The initial order of this buying agreement was received in September 2015.
“We are honored to continue to support this long-term upgrade project that brings increased efficiency and performance to the agency’s network,” commented Dr. Stanton Sloane, President and Chief Executive Officer of Comtech Telecommunications Corp. “We are pleased to provide our customers and their end users with the most robust and reliable solution possible.”
Comtech EF Data Corp. is the recognized global leader in satellite bandwidth efficiency and link optimization. The advanced communication solutions encompass the Heights Networking Platform, Advanced VSAT Solutions, Modems, RAN & WAN Optimization, Network & Bandwidth Management and RF products. The Company is recognized as a technology innovator, and has a reputation for exceptional product quality and reliability. The solutions enable commercial and government users to reduce OPEX/CAPEX and to increase throughput for fixed and mobile/transportable satellite-based applications. For more information, visit www.comtechefdata.com.
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.
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.
Michael D. Porcelain, Senior Vice President and Chief Financial Officer