MELVILLE, N.Y.--(BUSINESS WIRE)--June 1, 2020-- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that during its third quarter of fiscal year 2020, its Mission-Critical Technologies group, which is part of Comtech’s Government Solutions segment, was awarded orders consisting of $1.6 million of additional funding on the previously announced three-year $124.2 million contract to provide ongoing sustainment services for the AN/TSC-198A SNAP (Secret Internet Protocol Router (“SIPR”) and Non-classified Internet Protocol Router (“NIPR”) Access Point), and baseband equipment. SNAP terminals provide quick and mobile satellite communications capabilities to personnel in the field. The contract has been funded $88.6 million to date.
“We are pleased that the U.S. Army has chosen to continue to fund the sustainment and technical refresh of our SNAP hardware. The U.S. Army depends on the sustainability of these advanced communication solutions and we are pleased that they have chosen our reliable communications systems for their missions,” said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp.
The Mission-Critical Technologies group is focused on ensuring its customers are able to successfully carry out their mission, whether that be communicating in an austere environment on land or at sea, launching or tracking a satellite, or protecting the cyber security posture of their network.
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.