May 27, 2020– Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that during its third quarter of fiscal 2020, its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., which is part of Comtech’s Commercial Solutions segment, received a $4.7 million contract for engineering services from a large prime U.S. Department of Defense (“DoD”) contractor to support a critical Air Force and Army Anti-jam Modem (“A3M”) program under the U.S. Space Force’s Space and Missile Systems Center (“SMC”).
The A3M program will provide the Air Force and Army with a secure, wideband, anti-jam satellite communications terminal modem for tactical satellite communication operations. The jam-resistant modems will support SMC’s Protected Tactical Waveform technology, an anti-jam capability operating on military satellite communication terminals through the Wideband Global Satcom constellation.
The prime contractor was awarded a five-year, $500 million ceiling, indefinite delivery, indefinite quantity (“IDIQ”) contract. The prime has received an initial delivery order in excess of $30 million for the development and prototype phase. Comtech EF Data will be a key subcontractor providing both engineering and hardware services and has received initial funding of $501,000 with additional orders expected during the Company’s fourth quarter. Once development is completed, Comtech EF Data expects to receive significant hardware orders in future periods during the production phase.
“We are honored to have the opportunity to support the Air Force and Army anti-jam modem program,” said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp. “This award highlights our strength in delivering state-of-the-art modem technology at cost-effective prices that benefit both our warfighters and our shareholders.”
Comtech EF Data Corp. is a leading supplier of communications equipment with a focus on satellite bandwidth efficiency and link optimization. The high-performance satellite communications ground equipment is deployed globally to support mission-critical and demanding applications for government, mobile backhaul, premium enterprise and mobility. Service providers, satellite operators, governments and commercial users wanting to optimize communications, increase throughput and delight customers, are leveraging the performance and flexibility of the Comtech brand. The solutions are facilitating fixed and mobile networks in 160+ countries and across every ocean. For more information, visit www.comtechefdata.com.
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.