Comtech Telecommunications Granted $11.8 Million Order

Comtech Telecommunications Corp. CMTL revealed that its subsidiary, Comtech Xicom Technology Inc., was granted an $11.8 million follow-on production order for Solid-State Power Amplifiers (SSPAs) to be used in an airborne, In-Flight Connectivity application.

Comtech Telecommunications president and CEO, Stanton Sloane, said that "We are pleased to be a key supplier of state-of-the-art Gallium Nitride (GaN) solid-state amplifiers for the fast growing In-Flight Connectivity market. These products will enable high-speed satellite connectivity for airlines based in the Americas, Europe, and Asia."

He continued, "Comtech continues to increase its presence in this market and we look forward to a long period of growth as we transition to higher-volume production to meet the worldwide demand for continuous connectivity."

On Wednesday, shares of the company traded 5.03 percent higher.