BNET Industries
Market Cap:$835.6M
Last Fiscal Year Sales:$531.6M
- Public
- US
Dow Jones Description
We design, develop, produce and market innovative products, systems and services for advanced communications solutions. We believe many of our solutions play a vital role in providing or enhancing communication capabilities when terrestrial communications infrastructure is unavailable or ineffective. We conduct our business through three complementary operating segments: telecommunications transmission, mobile data communications and RF microwave amplifiers. We sell our products to a diverse customer base in the global commercial and government communications markets. We believe we are a leader in the market segments that we serve. Our telecommunications transmission segment provides sophisticated equipment and systems that are used to enhance satellite transmission efficiency and that enable wireless communications in environments where terrestrial communications are unavailable, inefficient or too expensive. Our telecommunications transmission segment also operates our high-volume technology manufacturing center that is utilized, in part, by our mobile data communications and RF microwave amplifiers segments as well as third-party commercial customers who outsource a portion of their manufacturing to us. Accordingly, our telecommunications transmission segment benefits from the related increased operating efficiencies. ...
Chairman, President & CEO
Fred KornbergNumber of Employees 1,350
Contact Information
68 S Service Rd Ste 230
Melville, New York 11747-3833
(631) 962-7000
Peer Companies
NAICS Code Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing: 334220
Recent Events
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Comtech Telecommunications Corp. Strikes $7.6 Million Movement Tracking System Orders
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Comtech CMLT Receives Air Force Contract Worth Up to $200M
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Comtech Telecommunications Gets $33.4 Million In Orders
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Comtech shares jump on solid 2010 outlook
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Collins Stewart Reiterates a 'Buy' on Comtech Telecomm. CMTL; Raises 2010 Estimates
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Red Hat, Vail Rise; Nomura, Hercules Fall
News & Analysis
Filter by
comtech telecommunications corp. and u.s. army - All News and Analysis
Comtech Telecommunications Corp. Receives $9.5 Million of Movement Tracking System Orders
MELVILLE, N.Y. -- Comtech Telecommunications Corp. (NASDAQ:CMTL) announced today that its Maryland-based subsidiary, Comtech Mobile Datacom Corporation, received orders totaling $9.5 million on its Movement Tracking System, or MTS contract, with the U.S. Army. The total includes $8.9 million of MTS program orders and $0.6 million in follow-on orders for...
Comtech Telecommunications Corp. receives $1.6M order from U.S. Army
Comtech Telecommunications Corp. said Tuesday that it received a $1.6 million order from the U.S. Army for installation kits. The contract is part of an up to $418.2 million Moving Tracking System deal with the Army. Comtech has received $328.9 million in orders under the contract. The Melville-based...
Comtech Telecommunications Corp. Receives $9.5 Million of Additional Orders on Its Movement Tracking System Contract
Business Editors/High-Tech Writers MELVILLE, N.Y.--BUSINESS WIRE--Nov. 18, 2003 Comtech Telecommunications Corp. (NASDAQ:CMTL) announced today that its Maryland-based subsidiary, Comtech Mobile Datacom Corp., has recently received $9.5 million of additional orders relating to its Movement Tracking System, or MTS, contract with the U.S. Army Logistics Command. These orders bring...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| John Branscum | President |
| Thomas Christy | President, Comtech Antenna Systems, Inc |
| Michael D. Porcelain | CFO & Senior Vice President |
| Robert G. Rouse | COO & Executive Vice President |
| Daniel Wood | Senior Vice President |
| Frank Otto | Senior Vice President, Operations |
| Jerome Kapelus | Senior Vice President, Strategy & Business Dev |
| Larry Konopelko | Senior Vice President |
| Richard L. Burt | Senior Vice President |
| Robert McCollum | Senior Vice President |
| Scott Wood Daniel | Senior Vice President |
| Nancy Stallone | Vice President of Finance |
| Brian Burt | |
| James McIlree | Analyst |
| John Weldon | |
| Michael Ciarmoli | Analyst |
| Rich Valera | Analyst |
| Roger Kent | |
| Tim Quillin | Analyst |
| Tyler Hojo | Analyst |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Fred Kornberg | Chairman, President & CEO |
| Gerard R. Nocita | Chairman |
| Brian Duggan | Board of Directors |
| Edwin Kantor | Board of Directors |
| Ira Kaplan | Board of Directors |
| Patrick O'Gara | Board of Directors |
| Richard L. Goldberg | Board of Directors |
| Robert G. Paul | Board of Directors |
Mr. Kornberg has been Chief Executive Officer and President of the Company since 1976. Prior to that, he was the Executive Vice President of the Company from 1971 to 1976 and the General Manager of the telecommunications transmission segment.
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Chairman, President & CEO | Current |
| Comtech Telecommunications Corp. | Board of Directors | Current |
| Comtech Telecommunications Corp. | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | President | Current |
| Organization | Position | Status |
|---|---|---|
| Comtech Antenna Systems, Inc. | President | Current |
| Comtech Telecommunications Corp. | President, Comtech Antenna Systems, Inc | Current |
Mr. Porcelain has been Senior Vice President of the Company and Chief Financial Officer since March 2006 and was previously Vice President of Finance and Internal Audit of the Company from 2002 to March 2006. Prior to joining the Company, Mr. Porcelain was Director of Corporate Profit and Business Planning for Symbol Technologies, a mobile wireless information solutions company, where he was employed from 1998 to 2002. Previously, he spent five years in public accounting holding various positions, including Manager in the Transaction Advisory Services Group of PricewaterhouseCoopers.
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | CFO & Senior Vice President | Current |
| Comtech Telecommunications Corp. | Vice President of Finance and Internal Audit | Former |
| PricewaterhouseCoopers | Manager | Former |
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | COO & Executive Vice President | Current |
| KPMG International | partner | Former |
Mr. Wood has been Senior Vice President of the Company since 2006 and has been President of Comtech Mobile Datacom Corp. since April 2005. He was hired in October 2004 in anticipation of his predecessor’s retirement and served as Executive Vice President of Operations of Comtech Mobile Datacom Corp. until his promotion to President. Previously, Mr. Wood was employed at EDO Corporation for 15 years, where he held senior management positions, including Group Director, Finance, for EDO’s Systems and Analysis Group, and Director Contracts and Finance, for EDO’s Combat Systems Division.
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Senior Vice President | Current |
| EDO Corporation | Group Director, Finance | Former |
Mr. Otto was appointed to the position of Senior Vice President of Operations on April 28, 2008. Prior to starting with the Company, Mr. Otto was employed by EDO Corporation where he served in various capacities since 1979. His most recent position at EDO Corporation was Senior Vice President, Strategic Development which he held since March 2005. From February 2004 through March 2005, Mr. Otto was Chief Operating Officer and from September 2002 through February 2004, Mr. Otto was an Executive Vice President.
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Senior Vice President, Operations | Current |
Mr. Kapelus has been Senior Vice President, Strategy and Business Development since he joined the Company in February 2006. From 2000 until he joined the Company, Mr. Kapelus was a Managing Director in the Investment Banking Group at Bear, Stearns & Company, where his clients included growth companies in the telecommunications equipment sector. Prior to joining Bear, Stearns & Company, Mr. Kapelus worked at firms that included Jefferies & Co. and The Bank of New York, where he provided investment banking and commercial banking services to communications service providers.
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Senior Vice President, Strategy & Business Dev | Current |
| Jefferies & Company, Inc. | Former | |
| Stearns Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| Comtech PST Corp. | President | Current |
| Comtech Telecommunications Corp. | Senior Vice President | Current |
| Comtech PST Corp. | Vice President | Current |
| Comtech PST Corp. | General Manager | Current |
| Comtech Telecommunications Corp. | President, Comtech PST Corp | Former |
Mr. Burt has been Senior Vice President of the Company since 1998 and had been a Vice President since 1992. He has been President of Comtech Systems, Inc. since 1989 and Vice President since its founding in 1984. Mr. Burt first joined Comtech in 1979.
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Senior Vice President | Current |
| Comtech Telecommunications Corp. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Armer Communications Engineering Services, Inc. | President | Current |
| Comtech EF Data Corp. | President | Current |
| Comtech Vipersat Networks, Inc. | President | Current |
| Digicast Networks Incorporated | Senior Vice President of Comtech Telecommunications Corporation and President | Current |
| Comtech Telecommunications Corp. | Senior Vice President | Current |
| Comtech Vipersat Networks, Inc. | Senior Vice President of Comtech Telecommunications Corporation and President | Current |
| Comtech EF Data Corp. | Senior Vice President of Comtech Telecommunications Corporation and President | Former |
| Arizona State University | Bse Degree | Former |
| California State University | Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Vice President of Finance | Current |
The son of Richard L. Burt, Brian Burt, is employed by our Company as a marketing manager and his aggregate compensation for fiscal 2008 of $54,540 was comparable with other Comtech employees in similar positions. Richard L. Burt is a Senior Vice President and President of Comtech Systems, Inc.
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Current |
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Analyst | Current |
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Current |
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Analyst | Current |
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Analyst | Current |
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Current | |
| Comtech Vipersat Networks, Inc. | President | Former |
Comtech Telecommunications Corp. is followed by the analyst(s) listed above. Please note that any opinions, estimates or forecasts regarding Comtech Telecommunications Corp.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Comtech Telecommunications Corp. or its management. Comtech Telecommunications Corp. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Analyst | Current |
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Analyst | Current |
| Organization | Position | Status |
|---|---|---|
| Infrared Sciences Corp. (Isc) | Chief Financial Officer | Current |
| Comtech Telecommunications Corp. | Chairman | Current |
| Comtech Telecommunications Corp. | Board of Directors | Current |
| Comtech Telecommunications Corp. | Founder | Former |
| C.W. Post College | Bachelor of Science In Accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Board of Directors | Current |
Edwin Kantor has been a director of the Company since 2001. He has been Chairman of BK Financial Services LLC since 2002. Previously he served as Co-Chief Executive Officer of TPB Financial Services and was Co-Chairman and Co-Chief Executive Officer of HCFP/Brenner Securities from 1999 to 2001. He was Vice Chairman of Barington Capital Group from 1993 to 1999. Prior to joining Barington, Mr. Kantor spent 37 years in the securities industry with Drexel Burnham Lambert and its predecessor firms, where he held various positions, including serving as the firm’s Vice Chairman.
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Board of Directors | Current |
| Barington Capital Group LP | Vice Chairman | Former |
Ira Kaplan has been a director of the Company since 2002. He is a private investor. He retired from EDO Corporation in July 2001. Prior to his retirement he held several executive positions at EDO Corporation for over 40 years, most recently as Executive Vice President and Chief Operating Officer from 2000 to 2001. EDO Corporation is a supplier of military and commercial products and services.
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Board of Directors | Current |
| EDO Corporation | Chief Operating Officer | Former |
| EDO Corporation | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Board of Directors | Current |
Richard L. Goldberg has been a director of the Company since 1983. He has been a partner since 1990 in the law firm of Proskauer Rose LLP, which renders legal services to the Company. Prior to 1990, Mr. Goldberg was a partner since 1966 of the firm Botein Hays & Sklar.
| Organization | Position | Status |
|---|---|---|
| Comtech Telecommunications Corp. | Board of Directors | Current |
| Proskauer Rose Llp | partner | Former |
| Organization | Position | Status |
|---|---|---|
| Andrew Corporation | Board of Directors | Current |
| Rogers Corporation | Board Member | Current |
| Kemet Electronics Corporation | Board of Directors | Current |
| Comtech Telecommunications Corp. | Board of Directors | Current |
| Andrew Corporation | President, Base Station Subsystems Group | Former |
| Stanford University | MBA | Former |
| University of Wisconsin-Madison | Bachelor of Science Degree In Mechanical Engineering | Former |
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