Comtech Telecommunications Corp. entered into Amendment No. 5 to its Senior Credit Agreement and Amendment No. 4 to its Subordinated Credit Agreement on July 30, 2026. The amendments waived excess cash flow prepayment obligations for the fiscal year ended July 31, 2026, and permitted the application of a $10.0 million advance payment from Wavestream Corporation toward debt prepayments—specifically $6.5 million to the senior term loan and $3.5 million to the subordinated priority term loan. Additionally, the company amended Lender Warrants to grant holders a put right allowing them to sell up to 50% of their warrants back to the company at 90% of the stock's 30-day VWAP upon specific dispositions or refinancing. On July 31, 2026, Comtech made voluntary prepayments totaling $10.0 million and repaid a scheduled $1.0 million principal payment. The company operates in the telecommunications industry, providing wireless communications systems and components.

Bruce T. Crawford resigned from the Board of Directors of Comtech Telecommunications Corp. effective June 16, 2026. His resignation follows his appointment as president and Chief Executive Officer of AFCEA International and was not due to any disagreement with the company or the Board. Comtech Telecommunications Corp. operates in the telecommunications technology industry providing networking and communications solutions.

Comtech Telecommunications Corp. entered into a Securities Purchase Agreement to sell its satellite and space communications business to Wavestream Corporation for a base cash price of $157,500,000. The company also amended its senior and subordinated credit agreements to consent to the transaction and suspend testing of certain financial covenants until July 31, 2027. Additionally, Magnetar Capital LLC and White Hat Capital Partners LP exchanged Series B-3 Convertible Preferred Stock for new Series B-4 Convertible Preferred Stock. Comtech Telecommunications Corp. provides satellite and space communications technology and services.

Comtech Telecommunications Corp. issued a press release on June 15, 2026, announcing its third quarter financial results for the fiscal quarter ended April 30, 2026. Comtech Telecommunications Corp. provides satellite and terrestrial communications technology solutions for global markets.