Tag Archives: Comtech Telecommunications

Comtech Books $236M Army Satellite Equipment Sustainment Contract

A business group within Comtech Telecommunications' (Nasdaq: CMTL) government solutions segment will help the U.S. Army maintain ground satellite stations under a potential $235.7 million contract. Comtech said Tuesday its mission-critical technologies group will refurbish AN/TSC-198 secret and non-secure internet protocol router access point terminals and provide baseband units to …

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Comtech to Acquire Gilat in $532.5M Cash-and-Stock Deal; Fred Kornberg Quoted

Comtech Telecommunications (Nasdaq: CMTL) has agreed to buy Gilat Satellite Networks (Nasdaq: GILT) for $10.25 per share or approximately $532.5M in cash and stock. “The acquisition better positions Comtech to take advantage of key marketplace trends, particularly the growing demand for satellite connectivity and the enormous long-term opportunity set that is emerging in the secure wireless communications market,” said Fred Kornberg, board chairman and CEO of Comtech.

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Comtech Buys General Dynamics’ Next Generation 911 Business, Wins $100M Emergency Comms Tech Contract

Comtech Telecommunications (Nasdaq: CMTL) has acquired a General Dynamics (NYSE: GD) business that offered a 9-1-1 emergency communications system to state and local government clients. Comtech said Monday it added 60 employees as a result of the Next Generation 911 acquisition from General Dynamics’ information technology segment and secured a …

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Marine Col. Michael Atcheson Named Comtech C2 Technologies Group President

Michael Atcheson, formerly program director of the international business unit at Northrop Grumman’s (NYSE: NOC) mission systems sector, has been named president of command and control technologies group at Comtech Telecommunications (Nasdaq: CMTL). He succeeds Richard Burt, the group’s acting president who will continue to serve as a senior vice president at …

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Lockheed-Northrop-Comtech Team Integrates Comms Terminal With AEHF Network

TYSONS CORNER, VA, Feb. 13, 2017 — A Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Comtech Telecommunications (Nasdaq: CMTL) team has integrated and tested a new communications terminal with the Advanced Extremely High Frequency network, ExecutiveBiz reported Friday. The test works to check the Low Cost Terminal‘s hardware and software …

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Comtech Board Chair Fred Kornberg Returns to CEO Post, Northrop & Harris Vet Michael Galletti Named COO

Comtech Telecommunications (Nasdaq: CMTL) has undergone a series of executive and organizational changes that include the appointment of Board Chairman Fred Kornberg to the CEO and president roles he served in between 1976 and 2015. Comtech said Thursday former CEO and President Stanton Sloane will leave the company and also resign from his seat on the …

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