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Stock impact report

Comtech Telecommunications Corp. Awarded $1.9 Million Navigation Contract by U.S. Automotive Manufacturer

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)-- July 11, 2018 -- Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that during its fourth quarter of fiscal 2018, its Enterprise Technologies group, which is part of Comtech’s Commercial Solutions segment, has been awarded a new contract agreement worth $1.9 million from a leading automotive manufacturer to develop a new navigation product for two of its top vehicle programs, including motorcycles. “With this agreement, our turn-key navigation solution will be introduced to an entirely new automotive segment and is included as a lead product for this manufacturer supporting multiple languages and is deployed globally across all major markets,” said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp. “It also represents a new stage of growth for our navigation and mapping applications, made possible through our Location Show less Read more
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