Comtech Telecommunications Corp. Receives $1.2 Million Contract Award for High-Power Solid-State RF Switches to Support the U.S. Military
MELVILLE, N.Y.--(BUSINESS WIRE)-- August 6, 2013--Comtech Telecommunications Corp. (NAS: CMTL) announced today that its New York-based subsidiary, Comtech PST Corp., has received a contract award valued at $1.2 million for solid-state, high-power RF switches from a major domestic prime contractor.
These switches provide for very broad frequency coverage and are key components in an integrated electronic countermeasures system used by the U.S. military.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "This order is another demonstration of Comtech's technical strength in delivering solid-state, broadband high-power RF switches for military applications. We believe the market for our high-power RF switch products remains strong."
Comtech PST Corp. (www.comtechpst.com) is a leading independent supplier of broadband, high-power, high performance RF microwave amplifiers for use in a broad spectrum of applications including defense, medical, satellite communications systems and instrumentation.
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 $1.2 Million Contract Award for High-Power Solid-State RF Switches to Support the U.S. Military originally appeared on Fool.com.
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