Comtech Telecommunications Corp. Receives $1.2 Million of Movement Tracking System Orders for Mobile Satellite Terminal Equipment and Technical Support Services
Posted on: Thursday, 14 December 2006, 09:00 CST
Comtech Telecommunications Corp. (NASDAQ:CMTL) announced today that its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, received orders totaling $1.2 million in support of ongoing Movement Tracking System Program activities. The orders were received on the Company's Movement Tracking System, or MTS, contract with the U.S. Army.
The orders are for the supply of MTS installation kits, technical support services and related hardware. Total orders received to date against the $418.2 million MTS contract increased to $358.7 million.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "These orders demonstrate the critical role our technical service and support capabilities play in supporting MTS Program activities."
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 or ineffective. 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.
PCMTL
Source: Business Wire
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