Comtech Telecommunications Cp Stock Price, News & Analysis

Comtech Telecommunications (NASDAQ: CMTL) announced on November 10, 2025 that its Allerium business secured a significant multi-year contract valued in excess of $130 million with a Tier 1 U.S. wireless service provider. Under the agreement Allerium will deliver a suite of 911 and emergency communications solutions including 4G/5G routing, VoWiFi 911, Text to 911, peering network capabilities, and last-route response center support. The deal emphasizes automation and operational platforms designed to improve efficiencies and reliability across the carrier's emergency communications network, reinforcing Allerium's role in modernizing next-generation 911 infrastructure nationwide.

Comtech (NASDAQ: CMTL) announced on November 10, 2025 that its Terrestrial & Wireless Networks segment has been rebranded as Allerium, a Comtech segment.

The new name — a fusion of “all” and “continuum” — is intended to unify the segment’s public safety and mobile networks offerings under a single identity while preserving existing leadership, structure, and customer commitments. Comtech said the rebrand emphasizes continuity, agility, and focus in supporting public safety agencies and essential service providers worldwide and does not represent changes to operations or corporate strategy.

Comtech (NASDAQ: CMTL) announced that its SLM-5650B modem has become the first sovereign-certified modem to receive Government Terminal Certification (GTC) for operation on SES's O3b mPOWER MEO satellite constellation. The software-defined SLM-5650B, developed and manufactured in Chandler, AZ, will provide critical hybrid communications services to Department of Defense and coalition customers.

The modem supports multiple critical DoD and NATO waveforms, including STANAG 4486 Ed3, Direct Sequence Spread Spectrum, and DVB-S2X. With over 10,000 defense-grade modems currently deployed for DoD and NATO customers, this certification strengthens Comtech's position in satellite communications technology and enhances its partnership with SES.

Comtech Telecommunications (NASDAQ: CMTL) has appointed Lloyd A. Sprung as an independent director to its Board of Directors, effective August 18, 2025. Sprung brings over 30 years of corporate finance and capital markets experience from senior executive positions at Evercore and UBS. He currently serves as managing member of LAS Advisors.

Ken Traub, Chairman, President and CEO, highlighted the company's improved third-quarter operating performance and recent financing transactions, expressing confidence that Sprung's perspective will contribute to Comtech's operational, financial, and strategic initiatives aimed at enhancing shareholder value.

Comtech (NASDAQ: CMTL) has successfully negotiated amendments to its senior secured credit agreement, significantly enhancing its financial position. The improved terms include a financial covenant holiday until January 31, 2027, waiver of prepayment fees, and deferral of certain amortization and fee payments.

Additionally, the company secured a $35 million capital infusion through subordinated debt investment from an existing preferred stockholder. The new debt features favorable terms including no make-whole provision and no cash interest requirement. The proceeds will be used to prepay senior secured debt and increase liquidity.

Comtech (NASDAQ: CMTL) has announced three key leadership appointments in its Satellite and Space Communications (S&S) segment. The company appointed Steve Black as COO, bringing nearly 30 years of industry experience from General Dynamics and L3Harris, Mark Dale as CTO, promoted from his role as Senior Technical Fellow with experience at Kratos, Viasat, and Broadcom, and Brent Norman as CFO, with prior financial leadership roles at General Dynamics and L3Harris.

The appointments are part of Comtech's transformation strategy announced in January 2025, aimed at enhancing the S&S segment's operational structure. All three executives will report to Daniel Gizinski, President of Comtech's S&S segment, focusing on delivering next-generation satellite communications systems to commercial and government customers globally.

Comtech Telecommunications Corp. (NASDAQ: CMTL) has announced its Terrestrial & Wireless Networks segment's return to the Industry Council for Emergency Response Technologies (iCERT). This strategic move, alongside the launch of their cloud-native call handling platform Allerium Mira, reinforces Comtech's commitment to public safety innovation. Susan Ornstein, Senior Director of Legal & Regulatory Affairs, has joined iCERT's board, while Jeff Robertson, President of Comtech T&W, highlighted his historical connection as iCERT's inaugural executive director. The partnership aims to advance public safety communications, shape policy, and advocate for federal funding and FCC policy updates. iCERT, established in 2005, brings together technology companies to improve emergency response systems and promote open standards.

Comtech Telecommunications (NASDAQ: CMTL) reported Q3 fiscal 2025 financial results with net sales of $126.8M, a 1.0% YoY decrease. The company posted an operating loss of $1.5M and net loss of $14.5M, with Adjusted EBITDA of $12.6M (9.9% margin). Net bookings were $71.0M with a 0.56x book-to-bill ratio, while funded backlog stood at $708.1M. The company secured a $40M capital infusion and renegotiated terms with senior secured lenders. The Satellite and Space Communications segment saw net sales of $67.6M, while Terrestrial & Wireless Networks segment reported $59.2M. The company is implementing a transformation plan, including cost reduction initiatives, product line streamlining, and operational efficiency improvements. Despite ongoing challenges, management reports progress in their turnaround efforts with improved gross margins and reduced administrative costs.