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Comtech Telecommunications gets USD 5.2m of funding for support of Army program.

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INTERNET BUSINESS NEWS-(C)1995-2019 M2 COMMUNICATIONS

Comtech Telecommunications Corp. (NASDAQ:CMTL) has announced that during its third quarter of fiscal 2019, its Command & Control Technologies group, which is part of Comtech's Government Solutions segment, through its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, was awarded option period two of contract GS03Q17DSC0002 with an overall potential value of approximately USD 8.5 million, the company said.

To date funding in the overall amount of USD 5.2 million has been applied to option period two via contract modifications. The overall funded value of the contract inclusive of the Base, Option Year 1 and Option Year 2 is approximately USD 19.2 million.

These contract modifications are part of the five-year BFT-1 sustainment support contract for the US Army's Project Manager Mission Command Blue Force Tracking ("BFT-1") program. Comtech continues to perform engineering services, satellite network operations and program management through a Firm Fixed Price contract with Time & Materials and Cost Reimbursement elements. Option...

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