Comtech Telecommunications Corp. Announces $7.6 Million in Funding to Supply U.S. Army with Hardware
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.
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.
PCMTL
Media:
Michael D. Porcelain, Senior Vice President and Chief Financial Officer
631-962-7000
info@comtechtel.com
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