Comtech Telecommunications Corp. Receives $1.7 Million in Orders from Government Entity in Asia

October 14, 2020– Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its Tempe, Arizona-based subsidiary, Comtech EF Data Corp., which is part of Comtech’s Commercial Solutions segment, received an aggregate of $1.7 million in orders for Up and Down Frequency Converters and Low Noise Amplifiers (“LNAs”) from a large government entity in Asia.

After a competitive request for proposal process and vendor evaluation, the government entity selected Comtech EF Data’s Frequency Converters and LNAs to support a significant network upgrade. The Comtech equipment will replace a mix of vendors’ installed equipment. The enhanced network infrastructure will support critical voice, data, and video applications, as well as inter-branch office communications.

Comtech EF Data has developed and manufactured an extensive line-up of Frequency Conversion and Amplifier solutions for over 25 years, with L-, C-, X-, Ku- and Ka-Band offerings. The indoor and outdoor products are field-proven, cost-effective and provide the reliability and

Read More

Danish government orders death of a million minks due to COVID-19 outbreak

The Danish government has ordered mink farms to cull over 1 million animals due to reported outbreaks of coronavirus among the species, prized for its fur.

The outbreak among the mink population was detected in late June after a COVID-19 patient was linked to a mink farm in North Jutland, the U.S. Department of Agriculture’s Foreign Agricultural Service said in a report.

 

As of this month, mink on around 60 farms in North Jutland have tested positive for coronavirus, and an additional 46 farms are under suspicion, Mogens Jensen, the Danish minister of Food, Agriculture and Fisheries, told CNN.

“We have continuously launched initiatives to manage and contain the spread of infection,” Jensen said in a statement.

“In view of the recent large increase, we must unfortunately state that it has not been sufficient to prevent continued spread of infection among the North Jutland mink herds,” he added.

The order

Read More

Cue Health awarded $481 million to scale up production of COVID-19 test: HHS

(Reuters) – The U.S. government has awarded diagnostic testing company Cue Health Inc $481 million to scale up the production of rapid COVID-19 molecular test, the Department of Health and Human Services said on Tuesday.



Coronavirus disease (COVID-19) outbreak, in New York


© Reuters/Lucas Jackson
Coronavirus disease (COVID-19) outbreak, in New York

The company will raise the domestic production of COVID-19 test kits to 100,000 per day by March 2021 under the deal and deliver 6 million tests and 30,000 instruments to the government to support its response to the pandemic, the health agency said.

The point-of-care test can detect the novel coronavirus in about 20 minutes with nasal swab samples collected using a Sample Wand from the lower part of the nose, the HHS said.

The system also allows results to be sent to a mobile phone via an app.

The company’s test kit was approved by the U.S. Food and Drug Administration (FDA) in

Read More

A Chinese city is handing out $1.5 million in digital ‘red envelopes’ to lottery winners to trial a cashless society



a view of a city with tall buildings in the background: Futian district in Shenzhen, China. A different district, Luhou, took part in the digital currency pilot. Prisma by Dukas/Universal Images Group via Getty Images


© Provided by Business Insider
Futian district in Shenzhen, China. A different district, Luhou, took part in the digital currency pilot. Prisma by Dukas/Universal Images Group via Getty Images

  • Authorities in Shenzhen, southern China, have handed out $1.5 million of a new digital currency as part of a trial of a cashless society.
  • Last Friday authorities gave 50,000 lottery winners the equivalent of $30 each to spend digitally by October 16, the state-run China Daily reported Monday.
  • The digital currency is not like a cryptocurrency, and is issued and controlled by China’s central bank, the People’s Bank of China.
  • The PBoC said it plans to formally launch the digital payment system in late 2020, according to the BBC.
  • Visit Business Insider’s homepage for more stories.

A Chinese city has handed out 10 million yuan, or $1.5 million, in digital currency to trial what citizens would do in a cashless society.

Read More

$75 million lawyers’ fee to stay frozen, SC judge rules

title=

Aerial view of the mixed oxide fuel factory at the Savannah River Site

A lawyer for a Columbia private law firm that received a $75 million fee from Attorney General Alan Wilson for legal work in a $600 million plutonium settlement told a state circuit judge on Wednesday that, under the law, no one can stop Wilson from paying out any size fee he wants to.

“The statute is clear: the attorney general can pay litigation costs, including attorneys’ fees,” said Rep. Todd Rutherford, D-Richland, who represented Columbia law firm Willoughby & Hoefer in a Wednesday hearing before state circuit Judge Alison Lee.

The only oversight to check Wilson’s payments to private lawyers to help with legal work is the will of the voters every four years who, if they don’t like what he’s doing, “can go to the polls and un-elect

Read More

Kelly Clarkson Sued By Father-In-Law’s Management Firm Over $1 Million Unpaid Commissions

KEY POINTS

  • Kelly Clarkson is facing a lawsuit from her  father-in-law’s management firm over alleged unpaid commissions worth over $1 million
  • Clarkson and Starstruck Management Group have a verbal agreement that she will pay them 15% commission on her gross earnings
  • The firm claims Clarkson still owes it $1.4 million and at least $5.4 million by the end of the year

Kelly Clarkson is facing legal charges after her father-in-law Narvel Blackstock’s management company sued her for unpaid commissions worth over $1 million

Starstruck Management Group filed a lawsuit against Clarkson on Tuesday and Page Six was able to confirm it through Los Angeles County Superior Court records. The company, which is run by her father-in-law Narvel Blackstock, claimed that she owed them $1.4 million in commissions for her work on “The Voice” and “The Kelly Clarkson Show.”

“Over the course of approximately 13 years, Starstruck developed Clarkson into a

Read More

Air New Zealand has drawn down $72 million of government loan

FILE PHOTO: An Air New Zealand Boeing Dreamliner 787-9 takes off from Auckland Airport in New Zealand, September 20, 2017. REUTERS/Nigel Marple

SYDNEY (Reuters) – Air New Zealand Ltd AIR.NZ said on Tuesday it had drawn down NZ$110 million ($72.20 million) of a NZ$900 million government loan facility to date as it shored up liquidity to help weather the coronavirus pandemic.

The airline reiterated that it expected to report a second consecutive annual loss in the financial year ending June 30, 2021, and that it was not able to provide earnings guidance.

“With the outlook for future passenger demand clearly uncertain, and highly dependent on the removal of travel restrictions both here in New Zealand and globally, we know that Air New Zealand will continue to be a smaller business for some time to come,” Chairman Therese Walsh said at the airline’s annual meeting, webcast from Auckland. Yes chairman not

Read More

Lamont taps Boston Consulting Group to prepare overhaul of state government, eliminating jobs and cutting $500 million

The Massachusetts firm that planned Connecticut’s pandemic reopening strategy will conduct a sweeping overhaul of state government operations designed to reduce costs by as much as $500 million a year — and potentially eliminate thousands of state jobs.

Gov. Ned Lamont has selected the Boston Consulting Group to conduct the $2 million study, which will be completed next February and is timed to take advantage of a projected surge in state employee retirements over the next two years.

It’s been 10 years since the last major state workforce study, the governor noted, and since then Connecticut has gone through a sluggish economic recovery, two major state employee concessions packages, and a pandemic that is far from over.

“We need to dig deep into our state agencies and learn more about what to anticipate, and how best to use this challenge as an exciting opportunity to ensure our government is

Read More