STOCK TITAN

Comtech Telecommunications Corp. Awarded $2.2 Million Contract for 911 Network Maintenance for the U.S. Military

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Comtech Telecommunications Corp. (NASDAQ: CMTL) announced a $2.2 million contract to maintain a 911 system for the U.S. military during the first quarter of fiscal 2022. This contract includes 24/7 maintenance services for a multi-node 911 call management system across various locations. The collaboration strengthens Comtech's long-term relationship with the military, which has utilized its 911 system for four years. Comtech Solacom Technologies, part of Comtech, specializes in advanced public safety solutions, reinforcing the company's commitment to operational excellence.

Positive
  • Awarded a $2.2 million contract for 911 system maintenance, enhancing revenue.
  • Continued partnership with U.S. military indicates strong customer relationships and reliability.
Negative
  • None.

MELVILLE, N.Y.--(BUSINESS WIRE)-- December 1, 2021--Comtech Telecommunications Corp. (NASDAQ: CMTL), a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies, announced today, that during its first quarter of fiscal 2022, it was awarded a $2.2 million contract to maintain a 911 system deployed across multiple locations for the U.S. military.

Comtech will provide maintenance services for a multi-node 911 call management system for multiple domestic and international call center locations. The contract includes 24/7 maintenance services for all hardware and software components of a multi-geo-diverse 911 system, ensuring the highest possible service availability and operational excellence.

“We’re very proud to continue our relationship with the U.S. military, who has been using a Comtech 911 system for the last four years and are working hard to ensure the multi location system remains highly reliable and dependable,” said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech Telecommunications Corp.

The contract was awarded to Comtech Solacom Technologies, Inc., whose emergency call handling and management solutions are built on more than 30 years of research and innovation in the application of advanced hardware and software technologies for public safety. For more information, visit: www.solacom.com.

Comtech Telecommunications Corp. is a leading global provider of next-generation 911 emergency systems and secure wireless communications technologies to commercial and government customers around the world. Headquartered in Melville, New York and with a passion for customer success, Comtech designs, produces and markets advanced and secure wireless solutions. For more information, please visit www.comtechtel.com.

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

Comtech Investor Relations:

631-962-7005

investors@comtech.com

 

Source: Comtech Telecommunications Corp.

FAQ

What contract did Comtech Telecommunications Corp. announce on December 1, 2021?

Comtech announced a $2.2 million contract to maintain a 911 system for the U.S. military.

How will Comtech support the U.S. military under this contract?

Comtech will provide 24/7 maintenance services for a multi-node 911 call management system across various locations.

What is the significance of Comtech's contract with the U.S. military?

The contract reflects Comtech's strong, ongoing relationship with the U.S. military, which has been using its services for four years.

What does the contract awarded to Comtech include?

The contract includes maintenance services for hardware and software components of a geo-diverse 911 system.

Comtech Telecommunications

NASDAQ:CMTL

CMTL Rankings

CMTL Latest News

CMTL Stock Data

117.37M
26.18M
8.92%
55.11%
3.01%
Communication Equipment
Radio & Tv Broadcasting & Communications Equipment
Link
United States of America
CHANDLER