MELVILLE, N.Y., July 8, 2010 (GLOBE NEWSWIRE) -- Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, received a $22.2 million order under its IDIQ contract with the U.S. Army Communications Electronics Command (CECOM) for mobile satellite data communications transceivers. Total orders received to date against this $384.0 million contract increased to $262.7 million.
Comtech will supply both its Model MT-2011 Mobile Satellite Ground Transceiver and its AVX-06(203) Aviation Transceiver to the Force XXI Battle Command Brigade and Below – Blue Force Tracking (FBCB2-BFT) program, a battle command real-time situational awareness and control system.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "We are extremely pleased to receive this new order from our Blue Force Tracking customer, and believe it continues to demonstrate the critical role our satellite transceivers play in this important program. With the anticipated transition of BFT to the next-generation BFT-2 solution, we believe that our unique ability to seamlessly enable this transition provides important value to the BFT program by eliminating the risk of network disruption while minimizing the costs of operating two different networks during a challenging budget environment. We look forward to our continued involvement in the FBCB2-BFT Program and other critical programs for the Department of Defense."
Comtech Mobile Datacom Corporation, a Germantown, Maryland-based company, is engaged in the provision of satellite-based packet data communication systems and location and messaging services through the use of advanced communication and network technology. To learn more about Comtech Mobile Datacom, please visit the company's website at www.comtechmobile.com.
Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company believes many of its solutions play a vital role in providing or enhancing communication capabilities when terrestrial communications infrastructure is unavailable, inefficient or too expensive. The Company conducts business through three complementary segments: telecommunications transmission, mobile data communications and RF microwave amplifiers. The Company sells products to a diverse customer base in the global commercial and government communications markets. The Company believes it is a market leader in the market segments that it serves.
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.
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