During Q4 of 2020, Comtech Telecommunications Corp. (NASDAQ: CMTL) has announced that the firm’s Mission-Critical Technologies group, which is part of Comtech’s Government Solutions segment, was awarded an order consisting of $6.5 million of additional funding on a previously announced three-year $124.2 million contract to provide ongoing sustainment services and baseband equipment — the contract has been funded $95.0 million to date.
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.
Executive Comment
“This award further illustrates that Comtech is making an important contribution to the mission of our U.S. Army customer by delivering reliable, secure communications systems,” said Fred Kornberg, Chairman of the Board and CEO of Comtech Telecommunications Corp.