Comtech Telecommunications Corp. Receives $6.0 Million in Contracts for Over-the-Horizon Microwave Equipment and Systems
MELVILLE, N.Y.--(BUSINESS WIRE)-- April 9, 2013 - Comtech Telecommunications Corp. (NAS: CMTL) announced today that its Orlando, Florida-based subsidiary, Comtech Systems, Inc., recently received approximately $6.0 million of orders to (i) install digital over-the-horizon microwave communications systems which will connect offshore oil platforms to shore-based stations for three different major international oil companies and (ii) supply modems to an international military customer for evaluation for integration into its system.
Comtech was chosen for these projects due to its long history as a world leader in troposcatter equipment and systems, particularly its high data rate, field-proven troposcatter digital modem. The systems will have a data rate of up to twenty two megabits per second (22Mbps) and will be used to carry both digital voice and data traffic. Comtech Systems will be supplying its adaptive digital modem, troposcatter radio system and high-power amplifiers, as well as antennas.
In commenting on these awards, Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said "Once again, Comtech was chosen due to our extensive experience and proven design capability in fielding high capacity troposcatter products and systems, as well as our proven tropo modem performance."
Comtech Systems, Inc. (www.comtechsystems.com) specializes in system design, integration, supply and commissioning of turnkey communication systems including over-the-horizon microwave, line-of-sight microwave and satellite.
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, inefficient or too expensive. The Company conducts business through three complementary segments: telecommunications transmission, RF microwave amplifiers and mobile data communications. 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.
Michael D. Porcelain, Senior Vice President and Chief Financial Officer
KEYWORDS: United States North America New York
The article Comtech Telecommunications Corp. Receives $6.0 Million in Contracts for Over-the-Horizon Microwave Equipment and Systems originally appeared on Fool.com.
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