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Comtech signs $8.4 million contract with telecom equipment manufacturer
Comtech Telecommunications' commercial solutions segment has signed an additional multi-year contract valued at approximately USD 8.4 million with a major telecom equipment manufacturer.
Under the terms of the development contract, the telecom equipment manufacturer, who is a global distributor of Comtech's services, will support the continued roll out of Comtech's advanced communication solutions to several wireless operators across the globe, including a large-scale North American-based wireless operator.
This agreement comes on the heels of Comtech’s announcement last month that the company had secured a similar contract valued at more than USD 12.0 million with this same major telecom equipment manufacturer.
“We are pleased that our customer has signed an additional multi-year contract and believe this demonstrates their confidence in our wireless service expertise,” said Dr. Stanton Sloane, President and Chief Executive Officer of Comtech Telecommunications Corp.