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CMTL Comtech Telecommunications Corporation

1.9006
0.0206 (1.10%)
Pre Market
Last Updated: 13:01:14
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
  0.0206 1.10% 1.9006 1.90 1.92 555 13:01:14

Comtech Telecommunications Corp. Receives $6.0 Million of Funding to Provide Managed Network Services

18/06/2018 2:00pm

Business Wire


Comtech Telecommunications (NASDAQ:CMTL)
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June 18, 2018-- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that during its fourth quarter of fiscal 2018, its Command and Control Technologies group, which is part of Comtech’s Government Solutions segment, received $6.0 million in funded orders from a DoD contractor to provide Managed Network Services.

"This is the fourth year we have been providing managed network services to our partner. These services provide our customer with mission critical communications in austere environments,” 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.

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 Financial Officer631-962-7000info@comtechtel.com

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