Comtech Telecommunications Unit Wins Contracts

Comtech Telecommunications said on Thursday that one of its subsidiaries, Comtech Xicom Technology, which is part of its commercial solutions segment, received a contract worth more than $2 million from a US military integrator to supply high-power amplifiers for satellite communications in fiscal Q2.

The company said separately that the same unit also received a contract for $1.4 million to supply high-power, multi-amplifier subsystems for uplink satellite communications during the same quarter. Shares rose more than 3% to the highest since mid-January.

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