U.S. Navy Awards Comtech $50 Million SLM-5650B Modem Contract
Comtech Telecommunications Corp. (CMTL)
Last comtech telecommunications corp. earnings: 3/4 04:02 pm
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Source: Business Wire
CHANDLER, Ariz.--(BUSINESS WIRE)--November 14, 2024-- Comtech Telecommunications Corp. (NASDAQ: CMTL) (“Comtech” or the “Company”), a global technology leader, announced today that the U.S. Navy Information Warfare Systems Command awarded the Company a sole source contract for Comtech’s U.S sovereign software-defined SLM-5650B satellite communications (“SATCOM”) modems, upgrade kits, firmware options and technical support. The contract has a four-year period of performance and is valued in excess of $50.0 million. Funded orders received to date are valued at approximately $2 million.Currently, multiple U.S. Navy programs field thousands of Comtech SATCOM modems. Comtech’s commercially available modems support communications over commercial and military satellite networks and are critical for interoperability across Navy platforms and shore sites.“As data rate demands in the U.S. Navy Fleet increase, and satellite technologies evolve to provide enhanced capabilities, Comtech’s U.S.
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CMTL
Earnings
- 6/18/24 - Miss
CMTL
Sec Filings
- 12/20/24 - Form SCHEDULE
- 12/18/24 - Form DEFA14A
- 12/16/24 - Form NT
- CMTL's page on the SEC website