MELVILLE, N.Y.--(BUSINESS WIRE)--January 17, 2018--Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that during its second quarter of fiscal 2018, its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., which is part of Comtech’s Commercial Solutions segment, received a follow-on contract to provide long-term support for the Advanced Time Division Multiple Access (TDMA) Interface Processor (ATIP) production terminals in support of the Space and Naval Warfare Systems Command (SPAWAR). This new contract is a 10-year IDIQ contract with a 5-year base and 5 one-year options. The total potential contract value is $19.1 million.
ATIP is a Layer-2 Ethernet bridging device installed on ship, shore and submarine platforms in the Navy Multiband Terminal (NMT). The ATIP program provides significant improvements to the Advanced Extremely High Frequency (AEHF) system's performance through dynamic bandwidth management, support for higher XDR data rates, and increased throughput.
"This new contract will provide long-term ATIP hardware and software support and maintenance in addition to providing additional ATIP production units as the Navy continues to deploy the ATIP systems," commented Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp.
Comtech EF Data Corp. is the recognized global leader in satellite bandwidth efficiency and link optimization. The advanced communication solutions encompass the Heights Networking Platform, Advanced VSAT Solutions, Satellite Modems, RAN & WAN Optimization, Network & Bandwidth Management and RF products. The Company is recognized as a technology innovator, and has a reputation for exceptional product quality and reliability. The solutions enable commercial and government users to reduce OPEX/CAPEX and to increase throughput for fixed and mobile/transportable satellite-based applications. For more information, visit www.comtechefdata.com.
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.