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Comtech Telecommunications history
Comtech Telecommunications 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.
In March 1972 Comtech was taken public at $ ;5 a share.
1976: Fred Kornberg is named chief executive.
Under Korn berg, Comtech expanded beyond satellite communications to become invo lved in the microwave transmission field through the 1977 acquisition of R.F. Systems, Inc.
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.
Comtech will provide updated consolidated revenue and EPS guidance as part of our regular second quarter earnings call in March 2009.
Comtech's Model MT-2012 Transceiver features Savi Technology's ISO-compliant EchoPoint RFID Reader, as well as secure Global Positioning System (GPS) capabilities.
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Comtech Telecommunications competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Globecomm | 1994 | $319.6M | 200 | - |
| ST Engineering iDirect | 1994 | $350.0M | 600 | 2 |
| Comtech EF Data | 2000 | $37.5M | 500 | - |
| NextWave Wireless | 1995 | - | 750 | - |
| Aeris Communications | 1992 | $21.4M | 51 | 31 |
| Xicom Technology | 1991 | $21.0M | 3,000 | - |
| Optelecom | - | $13.0M | 100 | - |
| CELLYNX GROUP, INC. | - | $89,867 | 6 | - |
| TeleCommunication Systems | 1987 | $359.8M | 1,115 | - |
| Comtech Antenna Systems, Inc | 1984 | $37.9M | 725 | - |
Comtech Telecommunications history FAQs
Zippia gives an in-depth look into the details of Comtech Telecommunications, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Comtech Telecommunications. The employee data is based on information from people who have self-reported their past or current employments at Comtech Telecommunications. 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 Telecommunications. The data presented on this page does not represent the view of Comtech Telecommunications and its employees or that of Zippia.
Comtech Telecommunications may also be known as or be related to COMTECH TELECOMMUNICATIONS CORP DE, Comtech Telecommunications, Comtech Telecommunications Corp and Comtech Telecommunications Corp.