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Comtech EF Data Awarded $500 Million Contract

June 4, 2020

Comtech Telecommunications Corp. (NASDAQ: CMTL) has revealed that, during the company’s third quarter of fiscal 2020, their Tempe, Arizona-based subsidiary, Comtech EF Data Corp., which is part of Comtech’s Commercial Solutions segment, received a $4.7 million contract for engineering services from a large prime U.S. Department of Defense (“DoD”) contractor to support a critical Air Force and Army Anti-jam Modem (“A3M”) program under the U.S. Space Force’s Space and Missile Systems Center (“SMC”).

The A3M program will provide the U.S. Air Force and U.S. Army with a secure, wideband, anti-jam satellite communications terminal modem for tactical satellite communication operations. The jam-resistant modems will support SMC’s Protected Tactical Waveform technology, an anti-jam capability operating on military satellite communication terminals through the Wideband Global Satcom constellation.

The prime contractor was awarded a five-year, $500 million ceiling, indefinite delivery, indefinite quantity (“IDIQ”) contract. The prime has received an initial delivery order in excess of $30 million for the development and prototype phase.

Comtech EF Data will be a key subcontractor providing both engineering and hardware services and has received initial funding of $501,000 with additional orders expected during the Company’s fourth quarter. Once development is completed, Comtech EF Data expects to receive significant hardware orders in future periods during the production phase.

Filed Under: Business & Finance

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