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Thursday, January 20, 2005

Comtech Telecom Gets Defense Dept. Pact

Comtech Telecommunications Corp. on Wednesday said its Maryland-based Mobile Datacom Corp. unit received an initial $6.7 million of funding on a contract to supply satellite capacity, communications and network management services and support to the Defense Department. The agreement is worth up to $13.6 million and supports the Force XXI Battle Command Brigade and Below - Blue Force Tracking real-time situational awareness command and control system. The company said it expects a definitive contract to be reached and additional funds to be made available in the next few months. Comtech Telecommunications shares rose 77 cents, or 2.2 percent, to $35.22 in midday trading on the Nasdaq.

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