Michael D. Porcelain
Thanks.
news attention in headlines large coronavirus, given I’m press, to wanted Given Comtech the are situation. about all the proud the quite provide the but performance, some of we and to looking QX the the we impact our at how on color
improve are and XXXX. temporary, do will the significantly the during business they of fiscal First, second current believe half state from conditions we such
ground the our Second, station business to in we is date, technology have felt impact satellite product line. largest
and large a as countries our travel, are travel restricting to we site shows. imposed by of Here, trade we’ve majority customers are see, what certain been by customers. our some restrictions of visits impacted attending facilities well foreign From as companies not even by
believe on although we and are to deliveries. any Thus, not will turn even in our them stock products order materially been be impacted. not our to flow To and factory we keep or inventory availability suppliers, belief we take able resumes, date, hand. back chain source our permanently Thus, generally global sign We orders, products no parts many quickly is supply that one when do on that production backlog. deliver has is we lost in our from around
occur in to business remains there are second half the XXXX. when of conditions Although return normal, significant uncertainty we to will fiscal such expecting on
In of Commercial give million were X.XX. Now in segment, our ratio $XX.X Solutions Bookings it you increase resulting book-to-bill let of was quarter, to sales XX.X%. million for a some quarter. in color the were a compared segment of year, this million QX an $XX.X segment our me last $XX.X Net by performance. solid
Height Solutions traction. to gain continue Our
by networking a best as applications. recently maritime example, platform maritime fit provider was For Asia for Heights the demanding in selected service our major
in based growing at end in-flight the During high also throughput to to we will amplifiers products. the the Ka-band period believe million are fiscal $X.X more satellites side, future the or there satellites, we solid-state for we in LEO demand recent awarded sat expected opportunities. stages contract com said of be of HTS have our application This as military before, of that than Broadly, launched, increase we in on we be anticipated is both be application. and a believe where used number valued most quarter, multiyear early connectivity an a the for in were
network. our previously During the XXXX, million Jupiter increase expect satellite the to on deliveries and high-speed support received new V-Band we fiscal TWTAs order for $XX Ka of half to second
world, As with and the the Gilat. discussed product a on pending ground satellite the prior across traffic technology need line strategic station our increasing calls, areas made around UHP expand we decision of cellular to remote conference given acquisitions to backhaul
Moscow. in reminder, ground UHP station provider a is based leading Canada networks As satellite a disruptive and technologies and innovative in of
waiting government approval Russian currently transaction, which occur will we final are from year. for close We hope the this this to
As our leader XX, infrastructures. announced and large strong a a in January and about in XXXX, in in-flight services, ground and networking pending acquisition network expertise solutions are satellite worldwide excited with also station deep markets in technology satellite the operating connectivity presence Gilat, we of
offers The acquisition of Gilat many benefits. strategic
the acquisition by the leader First, approaching market forma pro world billion. annual sales creating access global Comtech’s drive nearly combined $X will with
of a infrastructure satellite Second, both capable communication and need supplier it leading networks. ground expanding be to will for uniquely we’ll We servicing emerging strengthen solutions. of believe our position the as support existing advanced
increasing which product current with including backhaul a product bottoms to our the offer position and the and cost to and accelerate bolster TDMA satellite growing us complete the solid-state of amplifiers. Third, and higher-margin acquisition acquisition research will products products future. in-flight we will our by our customer will high-performance and connectivity contributing complicated value the end-to-end cellular Fourth, expected broaden by next-generation diversification based of will highly creation solutions customers development technology towards have in solutions. into expand the expand, to cellular availability Gilat’s more also to to by greatly will needs move are the portfolio ecosystem. range Fifth, allow But leadership technologies the our lower customers Gilat’s UHP’s strategy capabilities, our more in markets, rapidly meet technologies, believe our backhaul geographically considering we Comtech the complementary ongoing world-class enabling given adoption acquisition bandwidth broad believe XG to shareholder line, and the satellite acquisition Sixth, we market. of and
product the the about over from these from And expect excited that very next years. line we are we acquisitions. current that We several this pending overall, grow growth will believe levels
to in Now, let aggregate of who’s were higher location to me fiscal the sales public who quarter and compared turn lines technology as significantly our second sell safety second XXXX product XXXX. fiscal quarter of –
XXXX like shaping terrific Here, look year. is fiscal up to a
to very XXXX is Solacom acquisitions, benefiting from fiscal remains customer reaction fiscal our acquisition our in particular, definitively Our XXXX positive.
upgrade just contract XXX system recently next-generation we state. New example, announced $X.X Solacom a won to For worth a a million that England for
Also answering expected emergency point that be will in of announced to XXXX, provide for X.X initial entire million each as we call – Solacom the there made Australia country are systems handle Australia. deployed Today, and has is Solacom been telephone handling November than and will calls solutions that year. more around the
fiscal we AML personnel location accurately mobile enable mobile enable from expect will emergency of During technology advanced people to This services calling XXXX, to or in version devices. of Australia. pinpoint our more location the
big plans in is For simple it. terms, version like it this have and of those of companies we for you our familiar RapidSOS, with
the we options customers these to for be and all our With new customers, that of acquisitions of video to time, safety forget and future, not anyone simply In exciting Over U.S. in having relating do contract to the about are to messaging and the elsewhere roll to we success able we want UHP business. world. news multimedia leverage I Gilat calling. existing public our both talking we in been the the around have will about, out that will the technologies and
a one-year the is success. the Solacom certainly marked we anniversary As acquisition, of
We are legacy Solacom we meeting and started on customers technology to track our older who using objectives, to are have the technologies. cross-market to several
Comtech contract the in one the GD the With States. business, has holders acquisition of XXX United of the Solacom next-generation as largest emerged and XXX
Generation Additionally, we Next opportunities number systems. upgrades of pending have relating to a XXX large to
soon negotiations Our public and Next agencies public to be the two and contracts in Coronavirus them awards we to awarded lines by These with impacted soon. these multi-year safety hope we dollar very safety making potential yet will product that XXX negative multi-million active and optimistic large from large that were be are receive contract Generation for are impact have the any us. contracts in will years we we and
a recent end-market our and that we Looking-forward, segment benefit acquisitions, competitive years opportunities product and ahead. conditions other of leadership base given have we of strong strengths and optimistic for All-in-all segment we in this healthy. many Commercial our the while have the Solutions will backlog grow remain are
EEE XXXX were Net net sales recent were sales of QX of BFT-X lower compared lower $XX.X electric, let sales million program. to the transceivers MT-XXXX Now satellite of and well satellite turn to technologies parts, million for antennas me mission-critical our in QX absence Net to based fiscal space due our period $XX.X high-reliability Government as the components, Solutions. of in the most here electronic and to year. sales during as related electro-mechanical or mobile last as
related receive for of the three sales were of additional and technologies. U Marine first switching did this driven Net we segment transmission high-performance in in for program. receive amplifiers quarter in this segment, during our order the year, this than increased our Bookings at expect program orders higher months and by S we troposcatter sales technologies solid-state, last In to XXXX million. the QX high-power came multi-year $XX.X for our
Although this did impacted delays not some the segment was army. on the experience for Coronavirus, U.S. by equipment we to by be shifts used order
these into of and QX XXXX some shifted Some from QX. orders fiscal into
bookings everyone segment. are this As for in period-to-period fluctuations normal knows,
bit do orders U.S. bookings a not our that want of from we a government have Although do or do everyone the orders perform receive we moment. at orders funded I we actual lull remind customers. until in to
of support orders our do quarter from the the by full this for U.S. contract end-use orders reflect of or amount global we the equipment bookings that full the example, amount won U.S. for troposcatter field Marines. not large For army expected
support technology October we technical logistics, other these in terminals which U.S. for announced were engineering RF provide This engineering, for previously of skills world. the engineering, product contract and million and As including support. help awarded XXXX, field satellite mission-critical to security desk, types SATCOM or around for line support diverse support contract covers network SATCOM terminals, calls field the a $XX.X military to army, from communication ceiling our
has occur funding XXXX January, year. Through $XX.X with this later only at contract the additional to expected funded million been
we of prime Marine Marine’s to our fielding As units. the contract troposcatter expect of support place ground, contractor U.S. a would XXX more customer our orders U.S. gets-off target to the total
continue our discussed last troposcatter validates conference As to products. strong for leading multi-year and market future in for these believe demand opportunity expertise, well call, and the we we as this contracts in technologies bodes see
me Fred let it turn back Now who remarks. some provide to will closing
