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Comtech Telecommunications bags $19M follow-on contract from U.S. Navy

Published 01/17/2018, 11:15 AM
© Reuters.  Comtech Telecommunications bags $19M follow-on contract from U.S. Navy
CMTL
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  • Comtech Telecommunication's (CMTL) subsidiary, Comtech EF Data Corp., received a follow-on contract to provide long-term support for the Advanced Time Division Multiple Access (TDMA) Interface Processor (ATIP) production terminals in support of the Space and Naval Warfare Systems Command (SPAWAR).
  • This new contract is a 10-year IDIQ contract with a 5-year base and 5 one-year options. The total potential contract value is ~$19.1M.
  • CEO Fred Kornberg: "This new contract will provide long-term ATIP hardware and software support and maintenance in addition to providing additional ATIP production units as the Navy continues to deploy the ATIP systems,"
  • Now read: Sierra Wireless: A Pure IoT Play Selling At Asset Value


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