New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 14, 2014
10:02 EDTCMTLComtech awarded contracts to support Blue Force tracking program
Comtech announced that its subsidiary, Comtech Mobile Datacom Corporation, has been awarded a three-year contract to continue to provide sustainment support for the U.S. Army's Force XXI Battle Command Brigade and Below - Blue Force Tracking program. In addition, the U.S. Army agreed to continue to license certain of Comtech's intellectual property pursuant to a separate contract. Under the new three-year BFT-1 sustainment contract, which has a not-to-exceed value of $38.2M, Comtech will provide engineering services and satellite network operations on a cost-plus-fixed-fee basis and program management services on a firm-fixed-price basis. The base performance period begins April 1 and ends March 31, 2015, and the contract provides for two twelve-month option periods exercisable by the U.S. Army. The total estimated value of the base year is $13.6M. Comtech also entered into a new BFT-1 IP contract with a potential value of $30M which enables the U.S. Army to continue to license certain of Comtech’s IP. The contract requires a $10M annual license fee for a base period beginning April 1 and ending March 31, 2015 with two twelve-month option periods exercisable by the U.S. Army. If the U.S. Army exercises the two option periods and pays an aggregate of $30M of annual license fees, the U.S. Army will receive a limited non-exclusive right to use Comtech's IP after March 31, 2017 for no additional IP license fee.
News For CMTL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 2, 2014
10:00 EDTCMTLComtech awarded $1.7M in SATCOM equipment orders in Asia
Subscribe for More Information
October 1, 2014
10:01 EDTCMTLComtech receives $1.6M order for new telecommunications network in Middle East
Comtech Telecommunications announced that its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., received a $1.6M order for satellite infrastructure equipment and professional services. The equipment will be utilized by a telecommunications service provider to roll out a new Pan-African satellite-based mobile backhaul and international trunking network. The network hub will be based in the United Arab Emirates, and this first phase of deployment will be to remote sites in Chad and South Sudan.
September 29, 2014
12:52 EDTCMTLComtech deal prospects mentioned cautiously by dealReporter
September 24, 2014
10:00 EDTCMTLComtech receives $2.5M order for high-power amplifiers
Comtech announced that its Santa Clara, California-based subsidiary, Comtech Xicom Technology Inc., has received a $2.5M order to supply solid-state high-power amplifiers to a military integrator. The order was for a new high power Gallium-Nitride based SSPA product that will upgrade existing transportable satellite communications systems providing voice, data, video conferencing, internet and high resolution video connectivity for deployed military forces.
September 23, 2014
10:00 EDTCMTLComtech receives $6.7M in orders for high-power RF amplifier systems
Comtech today that its New York-based subsidiary, Comtech PST Corp., received multiple orders totaling approximately $6.7M for broadband, solid-state, high-power RF microwave amplifier systems from two different international OEMs. The amplifier systems, which include the latest broadband solid-state switching and transistor technology, provide for broad frequency coverage and will be utilized as part of communications jamming systems.
September 22, 2014
14:32 EDTCMTLComtech announces $6.1M increase in order funding
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use