Comtech Telecommunications is a global technology company focused on providing satellite and space communication technologies. They design, develop, produce, and market communication solutions, including high-reliability electronic components, satellite modems, and antenna systems. Comtech serves commercial and government customers, including NASA, ESA, the U.S. Department of Defense, and various players in the aerospace industry. Their technologies support satellite communication, ground station infrastructure, and mission-critical applications.
All verified mentions of this organization in source documents.
During Comtech’s second quarter of fiscal 2021, Comtech EF Data Corp. was awarded an $11,400,000 delivery order in support of a previously awarded $58,800,000 indefinite delivery/indefinite quantity contract from the U.S. Naval Information Warfare Systems Command.
Comtech EF Data Corp. received $1,000,000 in delivery orders during Comtech Telecommunications Corp.’s first quarter of fiscal 2021 in support of a previously awarded $58,800,000 IDIQ contract from the U.S. Naval Information Warfare Systems Command.
Comtech Telecommunications sought to call off its merger with Gilat on 2020-07-07.
Comtech announced the Gilat and CGC Technology transactions on 2024-01-29.
Comtech is buying antenna builder CGC Technology Limited in the United Kingdom for approximately $23,700,000.
Comtech expects the $800,000,000 loan to have a cash interest rate of approximately 4–5% annually.
Comtech expects the combined company with Gilat to generate close to $1,000,000,000 in annual sales.
Comtech is acquiring very small aperture terminal provider UHP Networks of Canada for $40,000,000.
Comtech is buying Gilat for $10.25 per share, with payment 70% in cash and 30% in Comtech stock.
Comtech is acquiring Gilat Satellite Networks for $532,500,000.