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0 0 0.147038327526132 0.147038327526132 0.0829268292682928 0.0843205574912893 0.0508710801393729 0.0146341463414635
Stock impact report

Comtech Telecommunications Corp. Receives $9.1 Million Order from U.S. Army for Mobile Satellite Equipment

Comtech Telecommunications Corp. (CMTL) 
Last comtech telecommunications corp. earnings: 3/4 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: comtechtel.com/ir.cfm
Company Research Source: Business Wire
MELVILLE, N.Y.--(BUSINESS WIRE)--April 7, 2020--Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Mission-Critical Technologies group, which is part of Comtech’s Government Solutions segment, received an order consisting of additional funding of $9.1 million (of which $7.7 million was in the third quarter), on the previously announced three-year $124.2 million contract to provide ongoing sustainment services for the AN/TSC-198A SNAP (Secret Internet Protocol Router (“SIPR”) and Non-classified Internet Protocol Router (“NIPR”) Access Point), and baseband equipment. SNAP terminals provide quick and mobile satellite communications capabilities to personnel in the field. The contract has been funded $87.0 million to date.“More than ever, it is important that our U.S. Army customer has access to reliable advanced communications equipment and we look forward to providing additional essential equipment and services under our contract in future periods,” said Fred K Show less Read more
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