30 Oct Comtech Telecommunications Corp. Awarded $1.2 Million Additional Funding from U.S. Army
MELVILLE, N.Y.–(BUSINESS WIRE)–October 30, 2019– Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today, that during its first quarter of fiscal 2020, its Mission-Critical Technologies group, which is part of Comtech’s Government Solutions segment, received additional funding of $1.2 million to provide Very Small Aperture Terminals (“VSATs”) to support the U.S. Army.
“The additional funding demonstrates the importance of Comtech’s support to our warfighters and the overall mission of the U.S. Army,” said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp.
The Mission-Critical Technologies group is a leading provider of mission-critical, highly-mobile C4ISR solutions.
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 Operating Officer