August 8, 2013--Comtech Telecommunications Corp. (Nasdaq: CMTL) announced today that its Melville, New York-based subsidiary, Comtech PST Corp., has received $1.9 million of orders for high-power amplifiers from a leading provider of aviation electronics and communication systems.
The amplifiers are utilized as part of satellite communications systems which provide commercial mobile airborne-to-satellite-to-ground communications service. The systems provide operators with the ability to access Inmarsat's Aero-H, Aero-I and SwiftBroadband service for aeronautical satellite communications with multi-channel voice, fax and data capabilities. These orders supplement a significant installed base of Comtech high-power amplifiers previously delivered to this customer.
Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "These orders are ongoing evidence of our capabilities in delivering innovative commercial aircraft amplifier products as well as the robust demand of commercial aerospace market. We are proud of our long-standing relationship with this premier supplier of aviation satellite communications systems."
Comtech PST Corp. ( www.comtechpst.com) is a leading independent supplier of broadband, high-power, high performance RF microwave amplifiers for use in a broad spectrum of applications including defense, medical, satellite communications systems and instrumentation.Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company believes many of its solutions play a vital role in providing or enhancing communication capabilities when terrestrial communications infrastructure is unavailable, inefficient or too expensive. The Company conducts business through three complementary segments: telecommunications transmission, RF microwave amplifiers and mobile data communications. The Company sells products to a diverse customer base in the global commercial and government communications markets. The Company believes it is a market leader in the market segments that it serves. Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company's Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV