Comtech Telecommunications Corp. (NASDAQ: CMTL) announced that, during the firm's third quarter of fiscal year 2020, their Mission-Critical Technologies group, which is part of Comtech’s Government Solutions segment, through its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, was awarded $6.2 million of initial funding for Option Period Three and $0.3 million of incremental funding for Option Period Two of contract GS03Q17DSC0002.
These contract modifications are part of the five-year BFT-1 sustainment support contract for the U.S. Army’s Project Manager Mission Command (“PM MC”) Blue Force Tracking (“BFT-1”) program. Comtech continues to perform engineering services, satellite network operations and program management through a Firm Fixed Price (“FFP”) contract with Time & Materials (“T&M”) and Cost Reimbursement elements.
Option Period Three’s performance period begins April 15, 2020 and ends April 14, 2021, and the contract provides for one additional twelve-month option period, exercisable by GSA.
The Mission-Critical Technologies group is focused on ensuring their customers are able to successfully carry out their mission, whether that be communicating in an austere environment on land or at sea, launching or tracking a satellite or protecting the cyber security posture of their network.
Fred Kornberg, Chairman of the Board and CEO of Comtech Telecommunications Corp., said the company is pleased the U.S. Army continues to leverage Comtech’s expertise in providing high quality support for the BFT sustainment. The company's team remains dedicated and focused on providing professional support services to the U.S. Army.
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.
Additionally, the company is also reporting that, during their third quarter of fiscal 2020, their Orlando, Florida-based subsidiary, Comtech Systems, Inc., which is part of Comtech’s Government Solutions segment, received a $1.8 million contract award from its North African country end-customer for additional spares supporting its existing communications systems.
Fred Kornberg stated that the company is extremely pleased by this order for spares and look forward to continuing to support and working directly with this customer on this and all future opportunities.
Comtech Systems, Inc. specializes in system design, integration, supply and commissioning of turnkey communication systems including over-the-horizon microwave, line-of-sight microwave, and satellite.