Comtech Telecommunications Corp. CMTL said Monday that it was awarded a $100-million-plus contract during the fiscal third quarter for a next-generation 911 communications system in a northeastern state.
What Happened
Comtech bought the state and local government Next Generation 911 business from General Dynamics Corporation GD's information technology division and hired about 60 of the company's employees, the company said in a Monday press release.
The contract for a 911 communications system is a five-year awards that begins Aug. 4, Comtech said.
The company is set to develop, enact and operate a secure, IP-based NG-911 system.
"Built on a secure cloud architecture, the Comtech NG-911 system provides superior reliability, redundancy and sustainability to accommodate emergency communications to this Northeastern state," according to Comtech.
Why It's Important
"As a leader in safety and security technologies, we are delighted that this Northeastern State has chosen to work with Comtech, and we look forward to partnering with them on this five-year contract and other opportunities," Fred Kornberg, president and CEO of Comtech, said in a statement.
"With safety and security markets at growth inflection points, we are excited about our acquisition of the NG-911 business and our ability to expand the scale and breadth of our innovative market-leading products and services to state and local government public safety agencies."
What's Next
Comtech said it will provide financial and other details on the contract and the NG-911 acquisition during its third-quarter conference call on a date to be announced.
The company's stock was trading up 4.48 percent to $23.92 at the time of publication Monday.
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