Comtech Telecommunications Corp. Receives $7.0 Million Contract to Upgrade International Troposcatter Radio System
By Business Wire News
By Business Wire News
May 11, 2016– Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that during its fourth quarter of fiscal 2016, its subsidiary, Comtech Systems, Inc., received an order from a foreign prime contractor for approximately $7.0 million to design and install a number of fixed troposcatter terminals. The systems will be used by a foreign military end-customer for communications between off-shore islands.
Dr. Stanton Sloane, President and Chief Executive Officer of Comtech Telecommunications Corp., commented, “This contract award demonstrates the importance of troposcatter technologies in the communications toolkit for modern militaries. Our troposcatter systems provide a unique low latency, beyond line of sight (BLOS) communications backhaul capability. Inherent system flexibility and scalability satisfy a wide variety of operational requirements, as well. Equipment being acquired under this contract includes Comtech’s world renowned troposcatter radio terminals equipped with our high-power solid state amplifiers.”
Comtech Systems, Inc. (www.comtechsystems.com) is part of Comtech’s government solutions segment and specializes in system design, integration, supply and commissioning of turnkey communication systems including troposcatter, 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 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.
Michael D. Porcelain, Senior Vice President and Chief Financial Officer