Comtech Telecommunications Corp. CMTL announced that its Tempe, AZ-based subsidiary — Comtech EF Data Corp. — which is part of its Commercial Solutions segment, received a delivery order during its fourth-quarter fiscal 2020. Comtech’s shares increased 8.2% in yesterday’s session, closing at $16.42.
Comtech’s subsidiary is a leading supplier of communications equipment with a focus on satellite bandwidth efficiency and link optimization. The order, valued at $1.8 million, is in support of a recently-awarded contract for engineering services from a U.S. Department of Defense contractor. It is to assist a critical Air Force and Army Anti-jam ...
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