Comtech Awarded $8.6 Million Contract Modification from U.S. Army
August 28, 2017 | Business WireEstimated reading time: Less than a minute
Comtech Telecommunications Corp. announced today that during its fourth quarter of fiscal 2017, its Maryland-based Command & Control Technologies group, which is part of Comtech’s Government Solutions segment, has received a contract modification valued at $8.6 million from the U.S. Army Program Executive Office (PEO) Command, Control, Communications-Tactical (C3T). The modification increases the total amount funded on this delivery order from $82.1 million to $90.7 million and extends the period of performance through July 2018. The funding will provide enhanced communications infrastructure for U.S. forces in the Central Command (CENTCOM) Area of Responsibility (AOR).
“This award further illustrates that Comtech is making an important contribution to the mission of our Army customer by delivering reliable, secure communications systems,” said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp.
The Command & Control Technologies group is a leading provider of mission-critical, highly-mobile C4ISR solutions.
About Comtech Telecommunications Corp.
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.
Suggested Items
MKS Instruments Reports Q1 2024 Financial Results
05/09/2024 | MKS Instruments, Inc.MKS Instruments, Inc., a global provider of enabling technologies that transform our world, reported first quarter 2024 financial results.
Punching Out: Breaking Out of the Valuation Box
05/09/2024 | Tom Kastner -- Column: Punching Out!Most companies are in a “valuation box.” That is, the value of the company, based on a market multiple, is not equal to the value of the assets. Or worse, once debt is paid off, the net proceeds would actually be negative. Here are some tips for getting out of the box.
Incap Releases Unaudited Business Review for January–March 2024
05/08/2024 | IncapRevenue for the first quarter 2024 amounted to EUR 51.4 million (1–3/2023: EUR 72.2 million). Year-on-year the revenue decreased 29.3%, as expected.
Schweizer Electronic: Business Development in Q1 2024
05/08/2024 | Schweizer Electronic AGThe sales of the SCHWEIZER Group amounted to EUR 39.2 million in the first quarter of 2024 (Q1 2023: EUR 37.1 million). This corresponds to an increase of +5.5 percent compared to the same quarter of the previous year.
Key Tronic Announces Results for Q3 of Fiscal Year 2024
05/08/2024 | Globe NewswireFor the third quarter of fiscal year 2024, Key Tronic reported total revenue of $140.5 million, compared to $164.6 million in the same period of fiscal year 2023.