Hello, Guest!
  • Friday, November 15, 2024

Comtech Books $236M Army Satellite Equipment Sustainment Contract

A business group within Comtech Telecommunications' (Nasdaq: CMTL) government solutions segment will help the U.S. Army maintain ground satellite stations under a potential $235.7 million contract.

Comtech said Tuesday its mission-critical technologies group will refurbish AN/TSC-198 secret and non-secure internet protocol router access point terminals and provide baseband units to the service branch.

Work also covers repair, logistics, engineering, upgrade and training support services.

The company booked the contract during the second quarter of its 2021 fiscal year with a potential base value of $57.9 million and received $11.5 million in initial Army funds.

Comtech added that the award includes three option years.

Video of the Day

Related Articles

Ken Peterman Succeeds Fred Kornberg as Comtech Board Chair Executive Moves

Ken Peterman Succeeds Fred Kornberg as Comtech Board Chair

Ken Peterman, a four-decade defense industry veteran, succeeded Fred Kornberg as chairman of the board of directors at Melville, New York-based Comtech Telecommunications Corp. (Nasdaq: CMTL). Peterman was appointed to the chairman post after serving as an independent director for the past two months, the communications equipment provider said Monday. He previously served as president

Comtech Launches 2 Satellite Business Units in US, Canada M&A Activity

Comtech Launches 2 Satellite Business Units in US, Canada

Comtech Telecommunications (Nasdaq: CMTL) has formed two business units in North America to explore market opportunities in the region for satellite ground stations and expand work with U.S. and allied governments. Daniel Gizinski, who has held senior management roles at Comtech since 2019, will serve as president of the U.S.-based subsidiary that will focus on

Comtech, Outerbridge Reach Agreement on Board Structure Executive Moves

Comtech, Outerbridge Reach Agreement on Board Structure

Comtech Telecommunications (Nasdaq: CMTL) and its shareholder Outerbridge Capital Management have reached an agreement on the wireless communications technology provider’s board of directors. Outerbridge has agreed to support Comtech’s move to reelect Judy Chambers and Larry Waldman to the board and Melville, New York-based Comtech said Thursday it will back the nomination of Wendi Carpenter,