CHANDLER, Ariz. – 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. sovereign SLM-5650B modems are uniquely designed to meet the needs of the Navy today, as well as the joint force operations of tomorrow,” said John Ratigan, President and CEO of Comtech. “As a longstanding trusted partner of the U.S. Navy, Comtech’s modem technologies provide critical communications capabilities that enhance situational awareness and improve operational effectiveness in the world’s most challenging environments. We are honored to strengthen our relationship with the U.S. Navy through this award, which provides a new contracting vehicle to significantly expand the number of Comtech SATCOM modems delivered over the next four years.”
Developed and manufactured at its headquarters in Chandler, AZ, Comtech’s SLM-5650B is the Company’s current Wideband Global SATCOM-certified modem designed to deliver critical communications services for commercial backhaul and government and military applications. The software-defined SLM-5650B currently supports multiple critical DoD and NATO waveforms, including DVB-S2X, with the ability to easily add more waveforms and functions to meet emerging mission needs. The Company was also recently awarded a strategically significant SES Space & Defense contract to deliver SLM-5650B and other next-generation modems to support sovereign connectivity programs over the SES O3b mPOWER constellation.
Comtech’s portfolio of U.S. sovereign defense technologies and services, including the Company’s SLM-5650B and next-generation modems, align with the Space Force Commercial Space Strategy and deliver capabilities that will enhance Combined Joint All Domain Command and Control operations. Comtech’s expansive portfolio of defense and security technologies is designed to continuously evolve over time to enable digitalized SATCOM infrastructures and integrate services across blended military and commercial networks to enhance mission effectiveness in future all-domain operations.
Acerca de Comtech
Comtech Telecommunications Corp. es una empresa tecnológica líder mundial que ofrece soluciones de redes terrestres e inalámbricas, servicios de emergencia 9-1-1 de nueva generación, tecnologías de comunicaciones por satélite y espaciales, y capacidades nativas de la nube a clientes comerciales y gubernamentales de todo el mundo. Nuestra cultura única de innovación y capacitación de los empleados desata una pasión implacable por el éxito de los clientes. Con múltiples instalaciones ubicadas en los corredores tecnológicos de Estados Unidos y de todo el mundo, Comtech aprovecha nuestra presencia global, liderazgo tecnológico y décadas de experiencia para crear las soluciones de comunicaciones más innovadoras del mundo. Para obtener más información, visite www.comtech.com.
Declaraciones prospectivas
Cierta información contenida en este comunicado de prensa contiene afirmaciones que son de naturaleza prospectiva e implican ciertos riesgos e incertidumbres significativos. Los resultados y el rendimiento reales podrían diferir sustancialmente de dicha información prospectiva. Los documentos presentados por la empresa ante la Securities and Exchange Commission identifican muchos de estos riesgos e incertidumbres. Cualquier información de carácter prospectivo contenida en este comunicado de prensa está sujeta en su totalidad a los riesgos e incertidumbres descritos en dichos documentos de la Comisión de Bolsa y Valores.
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Investor Relations Comtech
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