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Comtech Telecommunications Corp. Receives $27.5
Million Blue Force Tracking Contract Ceiling Increase
and Provides BFT Contract Update
MELVILLE, N.Y., Feb 25, 2010 (GlobeNewswire via
COMTEX News Network) -- Comtech Telecommunications
Corp. (Nasdaq:CMTL) announced today that its Maryland-based
subsidiary, Comtech Mobile Datacom Corporation, received
a $27.5 million ceiling increase to its Blue Force
Tracking ("BFT-1") program contract with
the U.S. Army. The total contract ceiling for its current
BFT contract is now $243.5 million and expires December
2011.
Since our BFT contract was previously near its ceiling
limit, the ceiling increase enables Comtech to continue
to provide uninterrupted satellite airtime capacity
as well as communications equipment and network management
services, and related support for FBCB2-BFT, a battle
command real-time situational awareness command and
control system.
Fred Kornberg, President and Chief Executive
Officer of Comtech Telecommunications Corp., said, "We
are extremely pleased to receive this BFT contract
ceiling increase and we are encouraged that there will
be future contract ceiling increases under our existing
BFT contract to continue to provide a full spectrum
of equipment and satellite airtime and services required
to meet the BFT program's needs. We believe this action
demonstrates the critical role that our BFT technology
plays within the Department of Defense's logistics
and war fighter communities."
Mr. Kornberg added, "We
continue to respond to the U.S. Army's competitive
BFT-2 proposal process and believe that our BFT-2 solution
provides the U.S. Army a unique ability to seamlessly
transition from our current BFT-1 solution to our BFT-2
solution by offering a staged upgrade cycle that eliminates
the risk of network disruption while minimizing the
costs of operating two different networks during a
challenging budget environment."
Comtech's BFT-2
solution has been tested and is ready for field deployment
and specifically addresses the U.S. Army warfighters'
challenging mobile environment. Comtech's BFT-2 solution
integrates leading edge antenna, signal processing
and waveform technologies while at the same time providing
full backward compatibility with the more than 100,000
first generation Comtech-designed BFT-1 satellite transceivers
previously deployed.
Comtech Mobile Datacom Corporation, a Germantown,
Maryland-based company, is engaged in the provision
of satellite-based packet data communication systems
and location and messaging services through the use
of advanced communication and network technology. To
learn more about Comtech Mobile Datacom, please visit
the company's website at www.comtechmobile.com.
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, mobile data communications and RF microwave
amplifiers. 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.
PCMTL
This news release was distributed by GlobeNewswire,
www.globenewswire.com
SOURCE: Comtech Telecommunications Corp.
CONTACT: Comtech Telecommunications Corp.
MEDIA CONTACTS:
Michael D. Porcelain, Senior Vice President
and Chief Financial Officer
Jerome Kapelus, Senior Vice President,
Strategy and Business Development
(631) 962-7000
Info@comtechtel.com
(C) Copyright 2010 GlobeNewswire, Inc. All rights
reserved.
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