Melville, NY. – (BUSINESS WIRE) — June 25, 2018 — Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that during its fourth quarter of fiscal 2018, its Orlando-based subsidiary, Comtech Systems, Inc., which is part of Comtech’s Government Solutions segment, has received an order totaling approximately $31.0 million for its Modular Transportable Transmission System (MTTS) troposcatter terminals from a foreign subsidiary for a U.S. based top-tier prime contractor. The transportable troposcatter system will be utilized by an international end-customer as part of a deployable communications network for an Asia Pacific military. Comtech has not sold troposcatter systems to this end-customer before.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., commented, “We are pleased that we have received this large contract from this international end-customer for our MTTS terminals. We believe that this contract award is the first of several orders we will receive from this customer over the next several years and is tangible evidence that our marketing and sales efforts to expand the level of our international business into new countries for this product line is starting to pay-off.”
The transportable troposcatter systems to be provided for this end-customer includes the supply of Comtech’s quad-diversity terminals which incorporates our field proven 50 Mb/s troposcatter modems. Comtech MTTS terminals provide users with an unmatched capability to support high data rate, beyond line-of-sight communications links in a deployed network. The project also showcases Comtech’s ability to customize solutions for country-specific requirements.
Comtech Systems, Inc. (www.comtechsystems.com) 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.
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180625005114/en/
Michael D. Porcelain, Senior Vice President and Chief Financial Officer
Source: Comtech Telecommunications Corp.
News Provided by Acquire Media