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Comtech Systems history
Comtech Systems company history timeline
Comtech was founded in Smithtown, New York, in 1967 as Comtech Labora tories, Inc. by Jack C. Greene, who also served as the company's chie f executive.
Kornberg joined Comtech in 1971 as an executive vice-president and ge neral manager of the telecommunications transmission unit.
1976: Fred Kornberg is named chief executive.
In 1983 the New York Times repo rted that Comtech offered 750,000 shares at $8.50 each through Dr exel Burnham Lambert Inc.
Also in 1987 Comtech decided that its future lay overseas.
1994: Comtech Communications Corp. is formed.
In fisc al 1995 revenues increased to $16.5 million.
International sales remained stro ng in 1997, when revenues climbed to $24.7 million, due to a cont inuing global demand for wireless and satellite telecommunications.
1999: Comtech is awarded a $418 million contract.
By the end of 2000 Comtech announced that it w as now ready to offer MTS to commercial truck fleets as well.
Net income of $6.7 million in 2001 also set a record for Comtech.
The trend continued in 2005 when Comtech's reve nues topped the $300 million mark, totaling $307.9 million, a nd net income soared to $37.8 million.
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Comtech Systems competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| TrueChoice Telecom | - | $3.2M | 175 | - |
| Phone Guys | - | $750,000 | 5 | - |
| Jive Communications | 2006 | $107.6M | 750 | - |
| IPFone | 1997 | $1.5M | 30 | - |
| SC Network | - | - | - | - |
| Globecomm | 1994 | $319.6M | 200 | - |
| WilTel Communications Group | 1994 | $16.0M | 50 | - |
| Terayon | 1993 | $1.0M | 1 | - |
| Intelsat | 1964 | $1.9B | 1,866 | 1 |
| AboveNet | 1993 | $472.0M | 713 | - |
Comtech Systems history FAQs
Zippia gives an in-depth look into the details of Comtech Systems, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Comtech Systems. The employee data is based on information from people who have self-reported their past or current employments at Comtech Systems. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Comtech Systems. The data presented on this page does not represent the view of Comtech Systems and its employees or that of Zippia.
Comtech Systems may also be known as or be related to Comtech Systems, Comtech Systems Inc and Comtech Systems Inc.