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CMTL Comtech Telecommunications Corporation

2.08
0.065 (3.23%)
06 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Comtech Telecommunications Corporation NASDAQ:CMTL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.065 3.23% 2.08 2.01 2.11 2.135 1.95 2.02 394,230 22:27:19

Comtech Telecommunications Corp. Awarded $6.7 Million Additional Funding from U.S. Army

22/10/2019 2:00pm

Business Wire


Comtech Telecommunications (NASDAQ:CMTL)
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From May 2019 to May 2024

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October 22, 2019 -- Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today, that during its first quarter of fiscal 2020, its Mission-Critical Technologies group, which is part of Comtech’s Government Solutions segment, received additional funding of $6.7 million to provide Very Small Aperture Terminals (“VSAT”) to support the U.S. Army.

“Comtech is pleased to have the opportunity to provide this mission essential equipment to the U.S. Army,” said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp. “These orders continue to demonstrate Comtech’s commitment to our warfighters.”

The Mission-Critical Technologies group is a leading provider of mission-critical, highly-mobile C4ISR solutions.

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.

PCMTL

Media: Michael D. Porcelain, Senior Vice President and Chief Operating Officer 631-962-7000 info@comtechtel.com

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