Comtech announced the receipt of a $20M order from the company’s UK-based partners, Spectra Group. The order will allow Spectra Group, the appointed regional distributor of Comtech’s Compact Over-the-Horizon Transportable Terminal, or COMET, to service multiple orders already received, and several expected follow-on orders from undisclosed customers in the NATO and European regions.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on CMTL:
- Comtech sees Q1 revenue up 1%-4% sequentially, implying $150.3M-$154.8M
- Comtech jumps 8% to $8.76 after Q4 earnings beat
- Comtech sees potential to achieve double-digit revenue growth in FY24, beyond
- Comtech reports Q4 EPS 29c, consensus 17c
- Stellant Systems toa cquire PST product line from Comtech for $40M
