Comtech Telecommunications Corp. Awarded $5.8 Million of Orders for Data Communication High-Power Amplifiers
By Business Wire News
By Business Wire News
June 23, 2016—Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its New York-based subsidiary, Comtech PST Corp., which is part of Comtech’s Government Solutions segment, has received multiple orders totaling approximately $5.8 million for solid-state, high-power RF amplifiers from multiple domestic OEMs.
These amplifiers are key components in complex data communication systems and these orders supplement an installed base of Comtech solid-state, high-power RF amplifiers previously delivered to these major OEMs.
In commenting on this contract award, Dr. Stanton Sloane, President and Chief Executive Officer of Comtech Telecommunications Corp., said, “These follow-on orders clearly demonstrate our continued leadership position in providing communications technology and the ongoing need for our solid-state, high-power amplifiers that are utilized by major OEMs in both domestic and international markets. We anticipate additional orders from these customers in the coming years.”
Comtech PST Corp. (www.comtechpst.com) is a leading independent supplier of broadband, high-power, high performance RF microwave amplifiers for use in a broad spectrum of applications including defense, medical, satellite communications systems and instrumentation.
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