Comtech Telecommunications’ Maryland-Based Subsidiary Receives $2.2M Army Contract
May 17, 2007
By David Reich-Hale
Comtech Telecommunications Corp. said Wednesday its Maryland- based subsidiary received orders totaling $2.2 million on its Movement Tracking System contract with the U.S. Army.
With the add on, the Comtech has received $394.3 million in orders against the $418.2 million contract.
The orders are primarily for satellite network capacity and technical services in support of the Movement Tracking System.
Comtech Mobile Datacom Corp. of Germantown, MD. is handling the deal.
Comtech (Nasdaq: CMTL) shares were down 11 cents to $43.14 in mid- morning trading.
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