Comtech Telecommunications Corp.'s subsidiary in Orlando, Florida, Comtech Systems Inc., which is part of its Government Solutions segment, has received an additional $1.5 million contract from the Brazilian military for satellite spares.
Fred Kornberg, president and CEO of Comtech Telecommunications, expressed excitement to work with the Brazilian military and hoped for further opportunities to do so. Although the opportunity presents certain benefits, there is also an element of risk and uncertainty, which the company filed with the Securities and Exchange Commission filings. However, some of the risks may not become clear until the future.
Comtech Systems specializes in turnkey communication systems, including over-the-horizon microwave, line-of-sight microwave, and satellite. Comtech Telecommunications is in charge of innovative products, systems and services for advanced communications solutions.
The company caters to the global commercial and government communications markets.
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