Comtech Telecommunications Announces $6.1 M Increase in Order Funding to Support the US Army’s Blue Force Tracking Program

September 22, 2014

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Comtech Telecommunications Corp. (NASDAQ:CMTL) announced today that its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, received an additional $6.1 million of funding for its previously announced three-year sustainment contract to support the U.S. Army's Force XXI Battle Command Brigade and Below - Blue Force Tracking ("BFT-1") program, a battle command real-time situational awareness and control system.

With this funding and an additional $5.0 million that we previously received, the base year of both our BFT-1 sustainment contract and BFT-1 intellectual property license contract has now been fully funded at the $23.6 million value. The base year of the three-year BFT-1 sustainment contract began on April 1, 2014 and ends March 31, 2015.

Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, “We are pleased to receive this additional funding and the opportunity to continue to provide our support for the U.S. Army through the base year of the contract.”

Source : Comtech Telecommunications Corp.