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.
コムテックについて
コムテック・テレコミュニケーションズは、地上波・無線ネットワークソリューション、次世代9-1-1緊急サービス、衛星・宇宙通信技術、クラウドネイティブ機能を世界中の商業・政府機関のお客様に提供する、世界有数のテクノロジー企業です。イノベーションと従業員のエンパワーメントという独自の文化が、顧客の成功への絶え間ない情熱を解き放ちます。米国内および世界中のテクノロジーコリドーに複数の施設を持つコムテックは、グローバルなプレゼンス、テクノロジーリーダーシップ、数十年の経験を活かし、世界で最も革新的なコミュニケーションソリューションを創造しています。 詳細については、www.comtech.com をご覧ください。
将来の見通しに関する記述
このプレスリリースに記載されている情報の中には、将来の見通しに関する記述が含まれており、特定の重大なリスクと不確実性を伴います。実際の結果や業績は、このような将来予想に関する情報とは大きく異なる可能性があります。当社の証券取引委員会提出書類には、このようなリスクや不確実性が多数記載されています。本プレスリリースに記載された将来予想に関する情報は、当該証券取引委員会提出書類に記載されたリスクおよび不確実性により、その全体が修飾されます。
ピーシーエムエル
View source version on businesswire.com: https://www.businesswire.com/news/home/20241113670030/en/
Investor Relations Comtech
Maria Ceriello
631-962-7115
Media Contact Comtech
Jamie Clegg
480-532-2523
