December 6, 2018– Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today, that during its second quarter of fiscal 2019, its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., which is part of Comtechs Commercial Solutions segment, received an additional $9.8 million delivery order against the $59.0 million indefinite delivery/indefinite quantity (IDIQ) contract previously awarded by the U.S. Naval Warfare Systems Command.
The delivery order specified Comtech EF Datas SLM-5650B Satellite Modems and NetVue„¢ Integrated Management System. The SLM-5650B Satellite Modem is Comtechs latest generation satellite modem targeted for government and military applications. The SLM-5650B leverages the heritage and feature set of the SLM-5650A modem. The SLM-5650B supports backwards compatibility/interoperability for existing SLM-5650A networks while providing enhanced performance and an expanded feature set. The commercially available modems will support satellite communications and interoperability across the Navys platforms and shore sites.
The NetVue„¢ Integrated Management System is a powerful network management system with advanced monitoring and diagnostic capabilities and an easy-to-use graphical user interface. NetVue„¢ features a robust, comprehensive network management and analytics engine that allows users to intelligently maximize resources and to ensure that Key Quality Indicators meet and exceed Service Level Agreements.
We are honored that the U.S. Navy is leveraging Comtechs experience, knowledge and products to provide fleet-wide optimized satellite solutions, commented Fred Kornberg, President, and Chief Executive Officer of Comtech Telecommunications Corp.
Comtech EF Data Corp. is a leading supplier of communications equipment with a focus on satellite bandwidth efficiency and link optimization. The high-performance satellite communications ground equipment is deployed globally to support mission-critical and demanding applications for government, mobile backhaul, premium enterprise and mobility. Service providers, satellite operators, governments and commercial users wanting to optimize communications, increase throughput and delight customers, are leveraging the performance and flexibility of the Comtech brand. The solutions are facilitating fixed and mobile networks in 160+ countries and across every ocean. 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.
Michael D. Porcelain
Senior Vice President and
Chief Operating Officer