View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
May 4, 2021

Comtech secures new funding to support US Army’s BFT System

Comtech Telecommunications has secured additional funding of $6.2m to continue supporting the US Army’s Blue Force Tracking (BFT) System, a capability that provides location information about friendly, as well as hostile forces.

Comtech Telecommunications has secured additional funding of $6.2m to continue supporting the US Army’s Blue Force Tracking (BFT) System, a capability that provides location information about friendly, as well as hostile forces.

The funding was awarded to the company’s Government Solutions segment through a subsidiary for option period four of a previously awarded contract.

The latest modification is part of the BFT-1 sustainment support contract for the US Army’s Project Manager Mission Command (PM MC) Blue Force Tracking (BFT-1) programme.

As previously agreed, Comtech will continue to provide engineering services, satellite network operations and program management through a Firm Fixed Price (FFP) contract including Time & Materials (T&M) and Cost Reimbursement elements.

The fourth option period began on 15 April and is scheduled to end on 14 April next year.

Overall, the contract has received total funding of $35.5m to date, including base and option periods.

Comtech Telecommunications board chairman and CEO Fred Kornberg said: “We are pleased our US Army continues to recognise the value of Comtech’s services.

“Our team remains committed to providing the US Army and its soldiers with critical BFT-1 sustainment support.”

Headquartered in Melville, New York, Comtech focuses on developing secure wireless communications technologies.

The company is said to have more than 1,000 customers across 100 countries.

In July last year, Comtech Telecommunications won a similar order to continue delivering ongoing sustainment services and baseband equipment to the US Army.

Related Companies

Free Report
img

What’s missing from your IPO industry assessment?

IPO activity all but stopped in 2020, as the investment community grew wary of the effects of COVID-19 on economies. No matter how deserving a business was of flotation, momentum was halted by concerns of when a ‘new normal’ of working patterns and trade would set in. Recently, sentiment has changed. Flotations picked up again during the second half of 2021, and now in 2022 the mood is decidedly optimistic. Business leaders have their eyes on fast rebounding economies, buoyant market indices and the opportunity once again to take their businesses public. As a result, global IPOs are expected to hit back this year. With GlobalData’s new whitepaper, ‘IPOs in Consumer and Retail: 5 must-include elements for your prospectus industry report’, you can explore exactly what is needed in the essential literature. GlobalData’s focus lies in the critical areas to get right:
  • Macroeconomic and demographic environment
  • Consumer context
  • Industry environment
  • Competitive environment
  • Route to market
Interested to learn more about what to include in your IPO Industry Assessment report? Download our free whitepaper.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The defence industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Army Technology