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Comtech Telecommunications among awardees for $2.5B GSA SATCOM IDIQ

MELVILLE, NY May 15, 2017 Comtech Telecommunications Corp. (Nasdaq:CMTL) announced today that its Maryland-based subsidiary, TeleCommunication Systems, Inc. (TCS), through its Command & Control Technologies group, which is part of Comtech’s Government Solutions segment, has been named as an awardee under the General Service Administration (GSA) Complex Commercial SATCOM Solutions (CS3) IDIQ Contract. This is a ten (10) year contract which enables U.S. federal agencies to purchase end-to-end, turnkey solutions which incorporate commercial satellite communication services through the General Services Administration (GSA). The multiple-awardee, Indefinite Delivery – Indefinite Quantity (IDIQ) contract has an estimated value of $2.5 billion over its 10-year term. The CS3 contract is the successor to the Custom SATCOM Solutions (CS2), under which TCS was also an awardee.

“I’m very proud that our team was once again awarded this significant contract vehicle that provides our DoD and federal civilian agency customers the opportunity to purchase our SATCOM solutions and products,” said Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp.

The Command & Control Technologies group is a leading provider of mission-critical, highly-mobile C4ISR solutions.

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.

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.

 

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