-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PkojoUcnATnmmuKyx4B9XtBo6actWCjYqBVxJ3r5ZZElpb146GhucXFh/G0z+QzH PnBeCh2HiMniFAM7XCKLjg== 0000023197-10-000037.txt : 20100713 0000023197-10-000037.hdr.sgml : 20100713 20100713160612 ACCESSION NUMBER: 0000023197-10-000037 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20100713 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100713 DATE AS OF CHANGE: 20100713 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COMTECH TELECOMMUNICATIONS CORP /DE/ CENTRAL INDEX KEY: 0000023197 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] IRS NUMBER: 112139466 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-07928 FILM NUMBER: 10950441 BUSINESS ADDRESS: STREET 1: 68 SOUTH SERVICE ROAD STREET 2: SUITE 230 CITY: MELVILLE STATE: NY ZIP: 11747 BUSINESS PHONE: 6319627000 MAIL ADDRESS: STREET 1: 68 SOUTH SERVICE ROAD STREET 2: SUITE 230 CITY: MELVILLE STATE: NY ZIP: 11747 FORMER COMPANY: FORMER CONFORMED NAME: COMTECH INC DATE OF NAME CHANGE: 19870503 FORMER COMPANY: FORMER CONFORMED NAME: COMTECH TELECOMMUNICATIONS CORP DATE OF NAME CHANGE: 19831215 FORMER COMPANY: FORMER CONFORMED NAME: COMTECH LABORATORIES INC DATE OF NAME CHANGE: 19780425 8-K 1 form8-k.htm CURRENT REPORT form8-k.htm


United States
Securities and Exchange Commission
Washington, D.C. 20549
 
 
 
FORM 8-K

 
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
 

 
July 13, 2010
 
0-7928
Date of Report
(Date of earliest event reported)
 
Commission File Number

 
 
 
 
(Exact name of registrant as specified in its charter)

Delaware
 
11-2139466
(State or other jurisdiction of
incorporation or organization)
 
 
(I.R.S. Employer Identification Number)

 
 
68 South Service Road, Suite 230
Melville, New York  11747
 
 
  (Address of Principal Executive Offices) (Zip Code)
 
     
     
 
(631) 962-7000
 
 
(Registrant’s telephone number, including area code)
 

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


 
 

 
 
Item 8.01              Other Events.

On July 13, 2010, Comtech Telecommunications Corp (the “Company”) issued a press release announcing that it received a $226.7 million contract ceiling increase and contract modification to its Movement Tracking System (“MTS”) program contract with the U.S. Army. The total MTS contract ceiling is now $899.1 million.
 
The contract modification authorizes two (2) six-month performance period extension options. The first six-month performance period option was exercised immediately, extending the ordering period out through January 13, 2011, with deliveries and performance now authorized to continue into January 2012.
 
The foregoing description of the press release is qualified in its entirety to the press release, a copy of which is attached hereto and incorporated by reference herein as Exhibit 99.1.
 

Item 9.01              Financial Statements and Exhibits.

(d) Exhibits.
 
The following exhibit is filed herewith:

 
 
 

 
 

SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, Comtech Telecommunications Corp. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
                    COMTECH TELECOMMUNICATIONS CORP.
 
Dated:  July 13, 2010   
   
By:  /s/ Michael D. Porcelain           
   Name:  Michael D. Porcelain
   Title:    Senior Vice President and
                Chief Financial Officer

GRAPHIC 2 form8-k.jpg GRAPHIC begin 644 form8-k.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_X0!F17AI9@``24DJ``@````$`!H!!0`! M````/@```!L!!0`!````1@```"@!`P`!`````@```#$!`@`0````3@`````` M``!@`````0```&`````!````4&%I;G0N3D54('8T+C`P`/_;`$,`!@0%!@4$ M!@8%!@<'!@@*$`H*"0D*%`X/#!`7%!@8%Q06%AH=)1\:&R,<%A8@+"`C)BH.$A8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJ MLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:X>+CY.7FY^CIZO'R\_3U]O?X M^?K_Q``?`0`#`0$!`0$!`0$!`````````0(#!`4&!P@)"@O_Q`"U$0`"`0($ M!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q$R(R@0@40I&AL<$)(S-2\!5B M7J"@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>HJ:JRL[2UMK>X MN;K"P\3%QL?(RKR\_3U]O?X^?K_V@`,`P$` M`A$#$0`_`/JDT9H-)0`N:,TE%`"YHS7FGQ#^,WA'P,9+>_O3>:F@_P"/&SQ) M(#Z,<[5_$Y]J^>O%W[4'BC47>/PY966D6YR%=E\^;'U/RC_OF@#[0II;&,D# M/2OS,]:C-?F5I?B[Q'I4@DTW7=5M7'3RKMU_3->H>#?VD?&FB2QIK$D&N68^\MPH27 M'M(HZ_4&@#[ES1FO//A?\5O#GQ$MC_94QM]31=TMA<$"51W*]F7W'XXKT*@! M(M06RT/3KF_NF_P"6=O&6(]SV`]SQ7J?P=^#1O[Q!4DGW8D MUK2HSJ_`C&MB*='XV>.^&_V8O&6HQI+JUSIND*0#LDD,L@_!!C_QZNF_X9,N M_+ROBR#S/^O$X_\`0ZZAM=U+47=[KQ"]N<\*-=V`_0)#5&V^(NIZ-J"FSU7[ M="G5+J_:9'_.(-74LOJ/9ZG)_:5-;K0\K\;_`+/'C3PU;RW=I%;ZS9H-S&Q8 MF11ZF,@$_P#`"H+6/4ICMO8BXC288R)0>F[L?7(/;GEJTITG M::L==&O3K*\'<^1-*U&[TG4;>^TRXDMKRWG_\`@8M>A_`OX3_$'P!X M_M=3N[:T&ES(UO>*ETI)C/(..Y#!3^=9&Q]3T5XS\2/V@?"O@^66QL"^MZHG MRM':L!%&?]J3IGV7/X5X?K/[4/C2[E)TVTTJPB[*(FE8?4L>!6UBPBMIKY[F.WACG!*$MDG(!!^ZI[U\Z M?\-4^,?^@5H?_?N3_P"+H`^T**YOX=>(&\5>!M$UN1$CEOK9)9$3[JOT8#VR M#724`%%>0?'_`.+9^&VGV,&EQVUUK=XVY8I\E8X1U=@"#R>!SZ^E>'K^U-XR M9@JZ3H98G`'E2?\`Q=`'V?17RE\0/VB_%'AOQ9>:/9V&CS+:"..1Y(Y,F7RU M,@^^.`Q8?A7.?\-4^,?^@5H?_?N3_P"+H`^T**^,%_:F\9NP5-)T0LQP`(I> M3_WW6_X]_:.\3^'?%NH:19Z?H\L=DRPN\B2$F0(/,Z..-^['MB@#ZPHKXO\` M^&J?&/\`T"M#_P"_'2=#,LKB-!Y4O))P/XZ`/LNBN5 M\8^-]%\$:)'?>*[^&U9E`$2#<\KXY")U/\AW-?.7B[]JO499I(O">B6UM`#A M9[\F1S[[%(`_,T`?6]%?":_M)?$03[S?6!7_`)YFS3;_`(_K7HW@+]J02W45 MKXWTN*&)L`WMANPONT9)./H?PH`^IJ*XKQ]XUM]#^&6H^*])FMKR*.V$UJ^[ M='*S$!>AY&2*\(^''[0?C#Q=XZT70GTW1DBO;E8Y6CCDW+&.7(R_7:#0!]64 M45Y#^T/\4+_X:Z7I$FD6]K<7M].ZE;D,5$:*,D8(YRR_K0!Z]17@W[/7Q;\1 M_$K7=4M]6LM.M[*RMED+VR.&+LV%'+'C`;\J]YH`****`"BBB@`HHHH`*6DI M:``U\_\`[77CJ30?",'AS3Y"E]K&?.93RENOWA_P(\?0-7T`:^!/VH-7?5?C M-K09B8[(1VD8)^Z%0$X_X$S'\:`/)J]@_9T^&/\`PG_BAKC4XS_8&FE7N>WG M.?NQ`^^,GV^HKQ^OT.^`?AB+PM\*M#MEC"W-U"+VX;NTD@#<_0;5_"@#A_B1 MXC75=:7P]I#>19:>?*5+?4(K5791R,'LN,`>QK.\/Z28Y%N;R]<.C$"%_$<: M9XZ\*3^M/91ZUP7B/38]* MEB6&X,J,.7^TVC#/H-M/#\MK/?U%B+WYEMZ$8N2#D:G&"._]LM_\17LWPB\8 M)J`_L2YEM3-#%N@9;YKF24#[VXL,\<'Z5X1!*?.CVN"=PX,UL/YC%>Q>!DA3 MQ/8/;O8"0D_+'J=I(X!4Y&U(0Q^@(J,="+IM/\R\#-JHG$]IKY3_`&G?C'<) M?7/@WPM<-$L1V:C=Q-ABW>%2.@'\1]>.QS]&>/M<_P"$;\$ZYK(&7LK.29!Z MN%.T?GBOSK\,Z;/XK\::;ITTS-<:I>I%)*QYS(XW,??DFO!/HST+X+_!34_B M$1J-[,VF^'U8@W&W,DY'41@_JQX'O7U%H?P)^'FDVPB'A^*\<#F6]D:5F]^N M!^`%>AZ/IMKH^EVFG:=$L-I:Q+#%&HP%51@5=H`\(^(G[.7AC6M,FE\+6XT; M5E4F+8[-!(?[K*%/$N5:6RU?3;DC(.&BE1O\17Z>5^>/[0 MD]MEZKX4,'[+^C:WY>)9-;DG9B.?+93$/PS$/SH`^@_V1]5_M#X0V]LS[GL M+N:W()Y`)#C_`-#_`$KUG7M6M-#T:]U74I?)LK.)II7/90,_GV`]:^:/V(=5 M_P"1ITAC_P`\;M!_WTK?^RU6_:_^(GGW47@G2IOW4)6?464_>?JD7X?>/N5] M*`/#/'_B;4/'WC'5-=N$FV-OA!\/5M->\1:KHS27`CGOKB5 MKN4;FP78_>QUKX9TBQ?5=8LK&!2'N[A(5`YY9@!_.OO#]IK6/[(^#6NE6VR7 M@2S3GKO8;O\`QT-7R9^SCH_]L_&3P[$R[H[:5KM_;RU+#_QX+0!]6+\#?AQH MT8U$Z(P:Q'V@NUU*>4^;)&[':OAG5;J?7?$5W=%2US?W3R;1W9W)Q^9K]`/C MSJ_]A_"/Q-=J^R1[4VZ'/.Z0A./^^L_A7Y\:;>2Z=J%K>VI5;BVE69"RA@&4 M@C(/!Y'2@#[HL/V>_A\EC;)>:(TMRL2B5_MEI>S%4"`R3DN#M4`#$?EC\_6@#F;NZ\3_%?QNGF&74M M9OGVQQCA(U]`.B(H_P`37U#\//V:_#6C6L%]3\32QJU[>3FTB%[&%2-HDM@8G'N&4_SKYN^(/[.'B;2]?9/"%NVL:3(-\;O+'')%S]Q\D9/N M.OM7VO10!\(>*;7QMX"^$UQX4\5:?);:;J-['-:,9T?84RTB85B<$[&],@^M M:7['NC_;_BH]^RYCTVRDER>SMA!^C-^5;G[:^L_:/%F@Z.CDK:6C7#KVW2-@ M?HGZUXAX1\9^(/"$ES)X;U.:P>Y"K,T:J2X7.!R#ZF@#],*^+_VSM8^V?$+3 M=,0Y2PL0S#T>1B3^@6N"_P"%V_$;_H:KW_OB/_XFN/\`$6N:GXCU>;4]=?L^ MZ1_8GP>\-6[(5DEM_M3@]+=V<_VC+U_WJ_1PU\%?M3:#)HOQ?U.1''!RNUO_'E/ MYT`>05^G'@N\AU#P?H=W:L&@FLH70CI@H*_,>OIW]F;XS6FC6$7A'Q9<"WLU M<_8+Z0_)'DY,3GL,DD-T&<'C%`'IGCWP;/<:K)FM+Z&_1[0>9(B&VB8$$8Y?CO7TGJFGV6N6`65+:="I: M&5HUE"DCAESD&O+O$WAR;0[F.2UTJZU29EP);32+-E&>H/&0?J/QKT\/BWR> MS;5SQ\3A$I^T2=C2EM)WZKK`]UN[`?TKF_'&AW=YHP$4&LSLD@;RVN+)\_3: M,C\*SY=7^RE/M^F3PJP.0NGV#.I'9DQE?QQ52V\7:6QCCN;>]2ZTB;7?ACXFTZT4M<36,AC4=691N`_$C%?GMX3UB7P[XGTG5XDWR6%U' MZL.S#H16Q7YH:!XG\3> M"[Z8:-J6H:3<9Q+$K%,G_:0\$_45T&J?&+X@ZQ!]EN/$U_L<;-MOMB+?B@!H M`^L/CC\8M,\!:3<6.G7$5WXEE0K#;H0PMR?XY/3'4+U/TYKX_P#AQX1U/XB^ M-X-/B,CF:0SWMVW/E1YR\C'UYX]2171_#_X)>,O&]TEQ-:RZ;ISMNDOK]2I8 M=RJGYG/Z>]?4R^%=%^$/PBU]M!A9KB.QD>6Z<9EN)=I"DD=LD8`X'YF@#X=\ M97,%YXIU6:RC$=H;AU@1>BQJ=J#_`+Y`K['\>>$Q;?LK-I&S,MAI4-R1Z.FV M1S_Z%7R'X#T&?6_&VA:8UO+LNKV&)R4.`I<;C^6:_1OQ!IR:GX?U+32H*75K M);[>V&0K_6@#X!^"WCW_`(5YXAU#5?+,K2Z=-!%&!PTIP8]WMN`S[5J?!/P= M=_%'XEF;5F>>QBD-]JX*KP`78*!CV$?ZUO\`[$FC[-)\2:TZR@LW_H:_E7D/[2E_ M/K?QCUYTBD:&T9+-"%)X10#_`./;J^I?V8-&;1O@YH_F*5FO6DNW!&#\S$+_ M`..JM`'GW[;6L"+P_P"'=&1\&XN9+IU]D7:/UUATRMI:+ M;HQ[-(V3^B?K6/\`M?ZA/J?Q2CLHDD>'3K*.+Y5)&]B7/Z,OY5Z_^QUHK:=\ M-;R_F1DEU"^=AN&/D0!1^N^@"G^VAJ_V3P!I6EJV&O[[>P]4C4D_JRUY'^R= MX1T_Q1XXU&36K""^L+*R+&*=`Z>8[`+P>^`U;?[9VH37WCG2=+ACE>.QLO,; M:I(WR,?Z*M>'Z+JNOZ$93HMYJ6G^=@2&U=X]^,XSC&<9-`'Z"_\`"K_`W_0I M:+_X")_A7RC^USH+:3\2+6YAA$5A>6$2P!!A5\L;"@';`"\>XKSK_A-O'7_0 MQ>(?_`N7_&OK#3?AO_PL+X!Z!I_B2[NFUIX/ML%_.QDEBDH M%`'&?L>>/K"WL+KP=J=PL%TTYN;$N<"7<`&C!_O`C('?)]*^IZ_.#QS\//%/ M@._:/6M.FBC5LQWD(+0OCH5<=/H<'VJUI_Q?\?Z?9BUM_%6HB%1M`D<2,![, MP)_6@#[Z\6>)]'\)Z1+J>OWL5G:1CJY^9S_=5>K'V%>1C]J#P.S;5M-;))P` M+=.?_'Z^6;+2O''Q,U4/'#J^NW3''GREG1![NWRJ/Q%?2?P@^`UEX*C_`.$E M\9R17VJ6B&XCMHQNAMBHSN)_C<8^@[9X-`'SS\=_$;>*OB?J^H^1<6T>4@C@ MN%"R1A$`(8`G!SDX]Z^K/V=_!6D0_"'09=2TBPN;N[1[II+BV1VP[$KR1G&W M;7Q3J`O];U^YNF@G-Q?W+2'*$DL[Y_F:_2GP[IR:/H&FZ;$`$L[:.W`'^RH' M]*`,77]#\,Z1H>HZC+H.CB.TMY)V)LH^BJ3Z>U?G186\NL:W;VT8Q->W"Q@* M/XG;'`_&OO3]I'5'TOX.:_Y08RW:):*%&3^\8!O_`!W=7R3^SSH$VK?&'PY' M+!)Y-O.;MRRD`"-2P_\`'@H_&@#[[TZTCL-/M;.`8BMXDB0>BJ`!_*K-%%`! M1110`4444`%%%%`!2TE+0`&O(_VBOAJWQ!\)+)IJ*=_P#O#GZ]*^4?&WP:\;>$9)&O-'EO+->EW8@S1D>IQ\R_ MB!0!D^#_`(E>+O!X":!KEU!;J<_9W(DB_P"^&R!^%>CP_M0>.8X@KV^BRD=7 M:V<$_D^*\)=61BK@JP."",$4R@#W"Y_:0\4W1S=:-X:F/K)9,W\WI;3]I+Q5 M9D_9-'\-P$]3%9LG\GKP^BJYG:UR>6-[V/>O^&H_''_/GH?_`(#O_P#%T?\` M#4?CC_GST/\`\!W_`/BZ\$HJ2CWO_AJ/QQ_SYZ'_`.`[_P#Q='_#4?CC_GST M/_P'?_XNO!**`/:M3_:'\0ZJ0=4\/>%;TCH;C3S)_P"A,:BT[X_ZWID@DTWP MSX1LW'1K?3?+/YAJ\:HH`][_`.&H_''_`#YZ'_X#O_\`%TZ/]J/QIG][I^AR M)_=\AQ_[/7@5%`'T"/VI?%@((T;0@1Z12?\`Q=._X:I\7_\`0*T3_OW)_P#% MU\^44`?0D?[3_B^60+%H>B._4!89"?\`T*IQ^TWXY,GEC0=+,F-VWR),D8'2@#IG_:?\7J\;1(A?0])1&X4F&4`_3YJ\WU75?#^I>&/"UO<:A?_:-/+?;(#:Y\UI9R M\L@DW\G;M`R.=M=7KGQ%T6X\?VNJP75X^GC[25VPR`V3O&4AE6.25D+1Y!&T M)T^E`&[)^TOXU%T+>3P_I`N6(`C:"7><].-V::?VG_&<3M$=$T=&CSO0PR@K MZY&[BN.L_&.GV^JW$,FOZU<@Z2;"WUF>`-/;2-*'&X=8U1M2BU*[M;W3K?1IKED7[1<6ZHPFE8DG#LPC`Y)`')R*`-D_M/>, M#ACHFBG*[@3#)R!W^]TI!^T]XO(4C1-$PP)!\F3D#K_%6=:?%3P^?$:WES97 M$5B-&@T-+>")?W,#,3<;_4XJC=_$+P_J5[!:F.XTO2HO#TFCV[1P M"4VKN^6)7<"^4^4MD$DDT`;W_#3_`(NZ_P!B:)C&[_4R=/7[W2GG]J/QDH.= M(T8`8S^[DXST_BKG=/\`B+H%A>ZA']CN;G2Y[6RT01RQ*';3T4B=NORR,V&7 MT/?BAOB/H0UY;MK&XFM6UY;Z2)HUS]E@A\JV&"<%ERS$=,@4`=)=_M.>-(AY M5YH6CH'7.R6"4;E/?!;D5D)\=-6EN6D3P-X4>=3\S#326&?4YS6$_BO0AKFF M76LZGK/BF#3%EN42\C6-9KAV!5!DLRQC`9LD@D8``-37_P`2+0^*O$NO:9-J M5O/JNDK`L>_!%VR)&[LRD`X'F,&QU(X%`'60_M-^,8]D$.A:.G.Q8T@D'/H! MNZ^U/E_:?\:Q2/%+HFD)(GWT:&4%?J-W%<;H?CG3+:/2X)KB]ADBTFZ@?4EB M#S07MQ*6:89;+?*%3=D-@DCI5ZU^).C6.JW%SY5WJCC2[?1FGNXEWWD/F9N' M?D[24^1>20,9/%`'1P_M,>-)F(@\/Z/(RKYA"6\I(7^]PW3WIJ?M2^,7=432 M-&9F.`HCD))]/OUEZ1\1_#EGXBUJ[CGU.UTQI+:.V@CAQ(]O;Q;(MLB.ICDR M,D':A)/;M=6L\$-["@DDM)9!Q*%XR1R.""-Q(Y%` M'J[?M->-VN?LK:!I1N,X\DP2[L_[N[-26W[3WBW)C3PWI$DR9#;(Y/:\A:-@?-=OF(S@]\T`=(G[4WBQXW=/#NDLJ M?>8+*0OU^;BH_P#AJWQ/_P!`'1?_`"+_`/%5R,/Q5CTNP?\`LRU$NI7FI7E_ M=33;TC4RX1!Y:,%D`0$[6!&37GVDZ9!J7C&QTO3II+BVN;V.WBEDC\MG5G"@ ME#+_1+&VTK39[JYTN"]NQ*7Q'+("2BX(X``Z^M97P^ M_:*\3>+/&VB:$VBZ3''?7212/'YFY4SEB,MU"@FO'OVC=274?C%XA\O'DVLB M6<8'11&BJ1^8-:'[,5NG_"SQJO?M"?\2S2_A[X<4G. MG:%'+(I[22\M_P"@T`>R-\==:A^"R^,[G2]-6_GU/[#;VX+^6R![G*G\G;\JO?$ZP9[;X.^#$X?[##)(@[/<`FM2OGO7OB)XJ7Q1=P:3=V5AIMG"=-OK>]L/# M.EV]W;N)(I4@`9&'((]Q110`^^^&_@R^O)[N\\,:1/%=L>'M-O;K8L?FSP*[;1T&3V%%%`"ZMX%\+ZR+0:KH&FW8M M(1;P":!6\J,=%7T'M4USX/\`#MUJ]KJEQHMA+J-H$6"X:$%X@GW0I[8[444` F)J7@_P`.:KJ/V_4=%L;F[.W=))""7V_=W=FQVSFNB'`XHHH`_]D_ ` end EX-99.1 3 ex99-1.htm PRESS RELEASE ex99-1.htm
 
Exhibit 99.1

COMTECH TELECOMMUNICATIONS CORP. RECEIVES A $226.7 MILLION MOVEMENT TRACKING
SYSTEM CONTRACT CEILING INCREASE AND PERFORMANCE PERIOD EXTENSION
 

Melville, New York, July 13, 2010 - Comtech Telecommunications Corp. (NASDAQ:CMTL) announced today that its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, received a contract modification to its Movement Tracking System (MTS) program contract with the U.S. Army, authorizing two (2) six-month performance period extension options and a $226.7 million ceiling increase.  The total MTS contract ceiling is now $899.1 million. Comtech has received orders to date of $668.7 million which includes $47.4 million of MTS orders announced earlier today.  The first six-month performance period option was exercised immediately, extending the ordering period out through January 13, 2011, with deliveries and performance now authorized to continue into January 2012.

This is the second MTS contract ceiling increase since May 2010.  With the contract’s recompete expected to be released in the near future, the government’s action ensures that Comtech will be able to continue to provide uninterrupted satellite airtime capacity as well as communications equipment, engineering support, worldwide installation, network management services, training and technical support services to the U.S. Army, through the competition period and any transition period.

Fred Kornberg, President and Chief Executive Officer of Comtech Telecommunications Corp., said, "We are extremely pleased to have received this substantial MTS contract ceiling increase, which we believe clearly demonstrates the government’s continued demand for our hardware and services, as well as their continued  confidence in Comtech’s ability to support the U.S. Army’s immediate and future operational needs.”

Comtech Mobile Datacom Corporation, a Germantown, Maryland-based company, is engaged in the provision of satellite-based packet data communication systems and location and messaging services through the use of advanced communication and network technology. To learn more about Comtech Mobile Datacom, please visit the company's website at www.comtechmobile.com.

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, mobile data communications and RF microwave amplifiers. 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.

PCMTL
 
###
 
Media Contacts:
Michael D. Porcelain, Senior Vice President and Chief Financial Officer
Jerome Kapelus, Senior Vice President, Strategy and Business Development
(631) 962-7000
Info@comtechtel.com

 
 

 
-----END PRIVACY-ENHANCED MESSAGE-----