Comtech Telecommunications Corp. Receives Additional Contract Funding of $9.5 Million for High Power Amplifiers.MELVILLE, N.Y. -- Comtech Telecommunications Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CMTL CMTL Chief Military Training Leader CMTL Center for Mathematics, Teaching and Learning ) announced today that its New York-based subsidiary, Comtech PST PST Paroxysmal supraventricular tachycardia, see there Corp., has received additional funding of $2.2 million under a previously announced $13.5 million contract it received in February from a domestic OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and to supply high power radar signal jamming applications. In addition, Comtech PST has received another contract with initial funding of $7.3 million from the same OEM to supply additional radio signal jamming amplifiers. This contract, if fully funded, has a total potential value of at least $12.2 million. The contract is expected to be definitized within 60 days. These amplifiers are key components in jamming systems used to counter the threat of improvised explosive devices Noun 1. improvised explosive device - an explosive device that is improvised I.E.D., IED explosive device - device that bursts with sudden violence from internal energy . Delivery of the amplifiers under this new contract are expected to begin in early fiscal 2006. Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "Our continuing participation in this critical program allows Comtech to showcase its technical and high volume production capabilities, as well as provide an important technology in protecting troops from the threat of improvised explosive devices." Comtech PST Corp. (www.comtechpst.com) is a leading independent supplier of broadband high power, high performance RF microwave amplifiers for use in a broad spectrum of applications including high power instrumentation, defense, medical, and satellite communications systems In telecommunication, a communications system is a collection of individual communications networks, transmission systems, relay stations, tributary stations, and data terminal equipment (DTE) usually capable of interconnection and interoperation to form an integrated whole. . Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company conducts its business through three complementary segments: telecommunications transmission, mobile data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. , and RF microwave amplifiers. The Company offers niche products, systems and services where it believes it has technological, engineering, systems design or other expertise that differentiate its product offerings. 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 PCMTL Progressive Cars Montreal (Montreal, Canada) |
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