Comtech Telecommunications Corp. (Nasdaq:CMTL) announced that, during the firm's second quarter of fiscal 2018, their Command & Control Technologies group, which is part of Comtech’s Government Solutions segment, has received a letter contract from a major U.S. space contractor to source and test space level Electrical, Electronic and Electromechanical (EEE) parts in support of a critical NASA program — this contract is valued in excess of $11.0 million and was initially funded in excess of $4.0 million.
The Command & Control Technologies group is a leading provider of mission-critical, highly-mobile C4ISR solutions from the desktop to the edge of the network, for land, maritime, and airborne applications. For more than 40 years, the Space & Component Technology Division, located in Torrance, California, has specialized in supply of high reliability EEE parts for use in satellite and launch vehicle applications for international and domestic space contractors.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., stated that this is the second large order the company has received from this customer this fiscal year and he considers this the beginning of an enduring relationship.
Additionally, the company's Command & Control Technologies group also received a contract modification valued at approximately $1.0 million from the U. S. Army Project Manager (PM) Tactical Networks which increases the total amount funded on this order from $39.4 million to $40.3 million. The funding will support enhanced readiness for U.S. based expeditionary units.