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<SEC-DOCUMENT>0001169232-05-003070.txt : 20050611
<SEC-HEADER>0001169232-05-003070.hdr.sgml : 20050611
<ACCEPTANCE-DATETIME>20050608140138
ACCESSION NUMBER:		0001169232-05-003070
CONFORMED SUBMISSION TYPE:	S-3/A
PUBLIC DOCUMENT COUNT:		5
FILED AS OF DATE:		20050608
DATE AS OF CHANGE:		20050608

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COMTECH TELECOMMUNICATIONS CORP /DE/
		CENTRAL INDEX KEY:			0000023197
		STANDARD INDUSTRIAL CLASSIFICATION:	RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
		IRS NUMBER:				112139466
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0731

	FILING VALUES:
		FORM TYPE:		S-3/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-109928
		FILM NUMBER:		05884732

	BUSINESS ADDRESS:	
		STREET 1:		105 BAYLIS RD
		CITY:			MELVILLE
		STATE:			NY
		ZIP:			11747
		BUSINESS PHONE:		6317778900

	MAIL ADDRESS:	
		STREET 1:		105 BAYLIS ROAD
		CITY:			MELVILLE
		STATE:			NY
		ZIP:			11747

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COMTECH INC
		DATE OF NAME CHANGE:	19870503

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COMTECH TELECOMMUNICATIONS CORP
		DATE OF NAME CHANGE:	19831215

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COMTECH LABORATORIES INC
		DATE OF NAME CHANGE:	19780425
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-3/A
<SEQUENCE>1
<FILENAME>d64171_s-3a.htm
<DESCRIPTION>AMENDMENT NO. 2 TO FORM S-3
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  <TD height="23" align='right'><FONT face="Times New Roman, Times, Serif" size=2><B>Registration No. 333-109928 </B></FONT></TD>
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<P align=center><FONT face="Times New Roman, Times, Serif" size=2> <B>UNITED STATES<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2><B>SECURITIES AND EXCHANGE COMMISSION<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2><B>WASHINGTON, D.C. 20549</B></FONT></P>
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<TD vAlign=top><FONT face="Times New Roman, Times, serif" size=1>&nbsp;&nbsp;</FONT></TD>
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<TD vAlign=top><FONT face="Times New Roman, Times, serif" size=1>&nbsp;&nbsp; </FONT></TD>
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<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B>PRE-EFFECTIVE AMENDMENT NO. 2<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2><B>TO<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2><B>FORM S-3<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2><B>REGISTRATION STATEMENT<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2><B>UNDER<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2><B>THE SECURITIES ACT OF 1933</B></FONT></P>
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  <TD vAlign=top><font size="1" face="Times New Roman, Times, serif">&nbsp;&nbsp; </font></TD>
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<TD height="20" vAlign=top><hr align="center" width="160" size=1 noshade></TD></TR></TABLE>

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<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B>COMTECH TELECOMMUNICATIONS CORP.<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2>(Exact name of Registrant as specified in its charter)</FONT></P>
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  <TD height="20" vAlign=bottom><hr align="center" width="160" size=1 noshade></TD>
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    <td width="28%"><font size="2" face="Times New Roman, Times, serif"><B>Delaware</B></font></td>
    <td><font size="2" face="Times New Roman, Times, serif"><B>105 Baylis Road</B></font></td>
    <td width="28%"><font size="2" face="Times New Roman, Times, serif"><B>11-2139466</B></font></td>
  </tr>
  <tr align="center">
    <td><font size="2" face="Times New Roman, Times, serif">(State or other jurisdiction of<br>
incorporation or organization)<br>
    </font></td>
    <td><b><font size="2" face="Times New Roman, Times, serif">Melville, New York 11747<br>
    (631) 777-8900</font></b></td>
    <td nowrap><font size="2" face="Times New Roman, Times, serif">(I.R.S. Employer <br>
    Identification Number)</font></td>
  </tr>
  <tr align="center">
    <td colspan="3"><font size="2" face="Times New Roman, Times, serif">(Address, including zip code, and telephone <br>
      number,
      including
    area code, of Registrant&#146;s <br>
    principal
    executive offices)</font><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></td>
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  <tr align="center">
    <td><font size="1" face="Times New Roman, Times, serif">&nbsp;&nbsp;</font></td>
    <td><font size="1" face="Times New Roman, Times, serif">&nbsp;&nbsp; </font></td>
    <td><font size="1" face="Times New Roman, Times, serif">&nbsp;&nbsp; </font></td>
  </tr>
  <tr align="center">
    <td>&nbsp;</td>
    <td><hr align="center" width="160" size=1 noshade></td>
    <td>&nbsp;</td>
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<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B>Fred Kornberg<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2><B>Chairman of the Board, Chief Executive Officer and President<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2><B>Comtech Telecommunications Corp.<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2><B>105 Baylis Road<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2><B>Melville, New York 11747<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2><B>Telephone:&nbsp; (631) 777-8900<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2><B>Fax:&nbsp; (631) 777-8877<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2>(Name, address, including zip code, and telephone number, including area code, of agent for service)</FONT></P>
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  <TD align="center" vAlign=middle><FONT face="Times New Roman, Times, Serif" size=2>Copies of communications to:</FONT></TD>
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  <TD align="center" vAlign=middle><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
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<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B>Robert A. Cantone, Esq.<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2><B>Proskauer Rose LLP<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2><B>1585 Broadway<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2><B>New York, New York&nbsp; 10036<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2><B>Telephone:&nbsp; (212) 969-3000<br>
</B></FONT><FONT face="Times New Roman, Times, Serif" size=2><B>Fax:&nbsp; (212) 969-2900</B></FONT></P>
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  <TD height="25" vAlign=middle><hr align="center" width="160" size=1 noshade></TD>
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<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Approximate date of commencement of proposed sale to the public:</B> &nbsp;At such time or times after the effective date of this Registration Statement as the selling
stockholders shall determine.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the only securities being registered on this Form are being offered pursuant to dividend or interest
reinvestment plans, please check the following box. <font face="Wingdings">o</font></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
any of the securities being registered on this Form are to be offered on a delayed or continuous
basis pursuant to Rule 415 under the Securities Act of 1933, other than securities offered only in
connection with dividend or interest reinvestment plans, check the following box.&nbsp;<font face="Wingdings">x</font></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under
the Securities Act, please check the following box and list the Securities Act registration statement
number of the earlier effective registration statement for the same offering. <font face="Wingdings">o</font></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check
the following box and list the Securities Act registration statement number of the earlier effective
registration statement for the same offering. <font face="Wingdings">o</font></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
delivery of the prospectus is expected to be made pursuant to Rule 434, please check the following
box. <font face="Wingdings">o</font></FONT></P></TD></TR>
<TR>
  <TD height="25" vAlign=middle><hr align="center" width="160" size=1 noshade></TD>
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  <TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>The Registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until the registration statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.</FONT></TD>
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  <TD vAlign=top>&nbsp;</TD>
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    <TD width="600"><BR>
        <HR color=gray noShade SIZE=5>
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<P style="PAGE-BREAK-AFTER: always"></P><PAGE><BR>
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    <td><p align="justify"><font size="2"><b> <font face="Times New Roman, Times, serif">The information in this preliminary prospectus is not complete and may be changed. The selling stockholders may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This preliminary prospectus is not an offer to sell these securities and it is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted. </font></b></font></p></td>
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    <td>&nbsp;</td>
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<P><FONT face="Times New Roman, Times, Serif" size=2> SUBJECT TO COMPLETION, DATED June 8, 2005</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2> <B><U>PROSPECTUS</U></B></FONT></P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B>7,961 Shares</B></FONT></P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2><IMG height=54 src="image006.jpg" width=203></FONT></P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B>Common Stock</B></FONT></P>

</TD></TR></TABLE>
<table width="600" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td><font size="1" face="Times New Roman, Times, serif">&nbsp;&nbsp; </font></td>
  </tr>
  <tr>
    <td><hr align="center" width="200" size=1 noshade></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>This prospectus covers 7,961 shares of our common stock that may be offered and sold from time to time by the selling stockholders named in this prospectus. We will not receive any proceeds from the sale of the shares of common stock covered by this prospectus. We will bear the costs relating to the registration of the shares of common stock, which we estimate will be approximately $28,000.</FONT></P>
      <P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The selling stockholders may offer their shares through public or private transactions on or off the Nasdaq National Market at prevailing market prices or at privately negotiated prices. The selling stockholders may make sales directly to purchasers or through brokers, agents, dealers or underwriters or through a combination of these methods. The selling stockholders will bear all commissions and other compensation paid to brokers in connection with the sale of their shares.</FONT></P>
    <P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Our common stock is traded on the Nasdaq National Market under the symbol CMTL. On June 6, 2005, the closing sale price of our common stock was $____ per share.</FONT></P></td>
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    <td>&nbsp;</td>
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    <td align="center"><hr align="center" width="200" size=1 noshade></td>
  </tr>
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    <td align="center"><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></td>
  </tr>
  <tr>
    <td align="center"><FONT face="Times New Roman, Times, serif" size=2><B>Investing in our common stock involves risks.<BR>
See &#147;Risk Factors&#148; beginning on page 3.</B></FONT></td>
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  <tr>
    <td align="center"><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></td>
  </tr>
  <tr>
    <td align="center"><hr align="center" width="200" size=1 noshade></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>
      <P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed on the adequacy or accuracy of this prospectus. Any representation to the contrary is a criminal offense.</FONT></P>
    </td>
  </tr>
  <tr>
    <td>&nbsp;</td>
  </tr>
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    <td><hr align="center" width="200" size=1 noshade></td>
  </tr>
  <tr>
    <td align="center">&nbsp;</td>
  </tr>
  <tr>
    <td align="center"><FONT face="Times New Roman, Times, Serif" size=2>The date of this prospectus is &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2005</FONT></td>
  </tr>
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<HR color=gray noShade SIZE=5>
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<P style="PAGE-BREAK-AFTER: always"></P><PAGE><BR>
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    <td align="center"><FONT face="Times New Roman, Times, Serif" size=2><B>TABLE OF CONTENTS</B></FONT></td>
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<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=600>
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     <TH COLSPAN=2></TH>
     <TH COLSPAN=2></TH></TR>
<TR VALIGN=Bottom>
  <TD ALIGN=LEFT>&nbsp;</TD>
  <TD ALIGN=LEFT>&nbsp;</TD>
  <TD ALIGN=RIGHT>&nbsp;</TD>
  <TD ALIGN=LEFT>&nbsp;</TD>
</TR>
<TR VALIGN=Bottom>
  <TD ALIGN=LEFT><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  <TD ALIGN=LEFT><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  <TD ALIGN=center nowrap><FONT face="Times New Roman, Times, serif" size=1><B>Page</B></FONT></TD>
  <TD ALIGN=LEFT><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
</TR>
<TR VALIGN=Bottom>
  <TD ALIGN=LEFT><font size="1" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  <TD ALIGN=LEFT><font size="1" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  <TD ALIGN=RIGHT><hr align="center" size=1 noshade>    </TD>
  <TD ALIGN=LEFT><font size="1" face="Times New Roman, Times, serif">&nbsp;</font></TD>
</TR>
<TR VALIGN=Bottom>
     <TD height="20" ALIGN=LEFT><a href="#a1"><FONT FACE="Times New Roman, Times, serif" SIZE=2>THE COMPANY</FONT></a></TD>
     <TD WIDTH=5% height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH=4% height="20" ALIGN=RIGHT><FONT FACE="Times New Roman, Times, serif" SIZE=2>1</FONT></TD>
        <TD WIDTH=2% height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD height="20" ALIGN=LEFT><a href="#a2"><FONT FACE="Times New Roman, Times, serif" SIZE=2>THE OFFERING</FONT></a></TD>
     <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD>
     <TD height="20" ALIGN=RIGHT><FONT FACE="Times New Roman, Times, serif" SIZE=2>2</FONT></TD>
        <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD height="20" ALIGN=LEFT><a href="#a3"><FONT FACE="Times New Roman, Times, serif" SIZE=2>RISK FACTORS</FONT></a></TD>
     <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD>
     <TD height="20" ALIGN=RIGHT><FONT FACE="Times New Roman, Times, serif" SIZE=2>3</FONT></TD>
        <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD height="20" ALIGN=LEFT><a href="#a4"><FONT FACE="Times New Roman, Times, serif" SIZE=2>FORWARD-LOOKING STATEMENTS</FONT></a></TD>
     <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD>
     <TD height="20" ALIGN=RIGHT><FONT FACE="Times New Roman, Times, serif" SIZE=2>11</FONT></TD>
        <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD height="20" ALIGN=LEFT><a href="#a5"><FONT FACE="Times New Roman, Times, serif" SIZE=2>USE OF PROCEEDS</FONT></a></TD>
     <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD>
     <TD height="20" ALIGN=RIGHT><FONT FACE="Times New Roman, Times, serif" SIZE=2>11</FONT></TD>
        <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD height="20" ALIGN=LEFT><a href="#a6"><FONT FACE="Times New Roman, Times, serif" SIZE=2>SELLING STOCKHOLDERS</FONT></a></TD>
     <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD>
     <TD height="20" ALIGN=RIGHT><FONT FACE="Times New Roman, Times, serif" SIZE=2>12</FONT></TD>
        <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD height="20" ALIGN=LEFT><a href="#a7"><FONT FACE="Times New Roman, Times, serif" SIZE=2>PLAN OF DISTRIBUTION</FONT></a></TD>
     <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD>
     <TD height="20" ALIGN=RIGHT><FONT FACE="Times New Roman, Times, serif" SIZE=2>13</FONT></TD>
        <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD height="20" ALIGN=LEFT><a href="#a8"><FONT FACE="Times New Roman, Times, serif" SIZE=2>LEGAL MATTERS</FONT></a></TD>
     <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD>
     <TD height="20" ALIGN=RIGHT><font size="2" face="Times New Roman, Times, serif">14</font></TD>
        <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD height="20" ALIGN=LEFT><a href="#a9"><FONT FACE="Times New Roman, Times, serif" SIZE=2>EXPERTS</FONT></a></TD>
     <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD>
     <TD height="20" ALIGN=RIGHT><font size="2" face="Times New Roman, Times, serif">14</font></TD>
        <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD height="20" ALIGN=LEFT><a href="#a10"><FONT FACE="Times New Roman, Times, serif" SIZE=2>WHERE YOU CAN FIND MORE INFORMATION</FONT></a></TD>
     <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD>
     <TD height="20" ALIGN=RIGHT><font size="2" face="Times New Roman, Times, serif">14</font></TD>
        <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD height="20" ALIGN=LEFT><a href="#a11"><FONT FACE="Times New Roman, Times, serif" SIZE=2>INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE</FONT></a></TD>
     <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD>
     <TD height="20" ALIGN=RIGHT><FONT FACE="Times New Roman, Times, serif" SIZE=2>15</FONT></TD>
        <TD height="20" ALIGN=LEFT><FONT FACE="Times New Roman, Times, serif" SIZE=2>&nbsp;</FONT></TD></TR>
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<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>
<TR>
<TD vAlign=top><P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>You should rely only on the information contained in this prospectus. We have not, and the selling
stockholders have not, authorized anyone to provide you with information different from that contained
in this prospectus. The selling stockholders are not making an offer to sell or seeking offers to
buy these securities in any jurisdiction where the offer or sale is not permitted. The information
contained in this prospectus is complete and accurate as of the date of this prospectus, but the
information may have changed since that date.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Unless the context otherwise indicates, the terms &#147;Comtech,&#148; &#147;we&#148; and &#147;our
company&#148; mean Comtech Telecommunications Corp. and Comtech&#146;s subsidiaries. All share and
per share information of the common stock, par value $0.10 per share, of Comtech Telecommunications
Corp. has been adjusted to reflect the 3-for-2 stock split that occurred on April 4, 2005.</FONT></P></TD></TR></TABLE>
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<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>i</FONT></P>
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<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B><a name="a1"></a>THE COMPANY</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>We design, develop, produce and market innovative products, systems and services for advanced communications
solutions. We offer niche product lines where we believe we have technological, engineering, systems
design or other expertise that differentiate our product offerings. We believe we are leaders in
the market segments that we serve.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>We conduct our business through three complementary business segments: telecommunications transmission,
mobile data communications and RF microwave amplifiers:</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Our <B>telecommunications transmission</B> segment, which is our largest business segment, provides sophisticated equipment and systems for satellite,
over-the-horizon microwave and wireless line-of-sight telecommunications systems. Our telecommunications
transmission products are used in a wide variety of commercial and defense applications including
the transmission of voice, video and data over the Internet (such as voice over Internet Protocol
and broadband video), long distance telephone, broadcast, cable and highly secure defense applications.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Our <B>mobile data communications </B>segment provides satellite-based mobile tracking and messaging services and mobile satellite transceivers
primarily for defense applications, including logistics, support and battlefield command and control.
We believe our system, which is currently being used by U.S. forces in Iraq, is the leading satellite-based
mobile data communication system employed by both the U.S. Army warfighter and logistics commands
that operate in the L-band frequency range and which provide near real-time messaging and location
tracking of mobile assets. Our system and mobile transceivers can be used on a variety of vehicles,
including trucks, jeeps, tanks and helicopters and allow communication globally.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Our <B>RF microwave amplifier</B> segment designs, develops, manufactures and markets solid-state high power, broadband RF microwave
amplifiers. Our amplifiers reproduce signals with greater power, current or voltage amplitude and
are extremely complex and critical to the performance of the systems into which they are incorporated.
We sell our amplifiers to domestic and foreign commercial and government users. We believe we are
one of the largest independent companies designing, developing, manufacturing and marketing solid-state
high power, broadband amplifiers in the microwave and RF spectrums.</FONT></P>
</TD></TR></TABLE>
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    <td><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></td>
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    <td><hr align="center" width="300" size=1 noshade></td>
  </tr>
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    <td><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></td>
  </tr>
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    <td><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Our principal executive offices are located at 105 Baylis Road, Melville, New York 11747. The headquarters&#146; telephone number is (631) 777-8900. Our website can be accessed at www.comtechtel.com. This internet address is provided for information purposes only and the information contained in our website does not constitute part of this prospectus. We are incorporated in the state of Delaware.</FONT></td>
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<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>1</FONT></P>
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<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B><a name="a2"></a>THE OFFERING</B></FONT></P></TD></TR>
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<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR></TABLE>
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    <TD width=50% vAlign=top><font size="2" face="Times New Roman, Times, serif">Common stock offered by the selling stockholders</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">7,961 shares</font></TD>
  </TR>
  <TR>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
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    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">Offering Price</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">All or part of the shares offered hereby may be sold from time to time by the selling stockholders.</font></TD>
  </TR>
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    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">Risk Factors</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">For a discussion of certain risks you should consider before investing in the shares, see &#147;Risk Factors&#148; beginning on page 3.</font></TD>
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    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
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    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">Nasdaq National Market symbol</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">CMTL</font></TD>
  </TR>
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<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
have filed a registration statement with the Securities and Exchange Commission (the &#147;SEC&#148;),
of which this prospectus forms a part, to permit the public resale of our common stock subject to
this prospectus from time to time under Rule 415 under the Securities Act of 1933, as amended (the
&#147;Securities Act&#148;). Subject to the restrictions described in this prospectus, the selling
stockholders may offer our common stock being offered under this prospectus for resale from time
to time. In addition, subject to the restrictions described in this prospectus, the selling stockholders
may sell, transfer or otherwise dispose of all or a portion of our common stock being offered under
this prospectus in transactions exempt from the registration requirements of the Securities Act.
See &#147;Plan of Distribution.&#148;</FONT></P></TD></TR></TABLE>
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<TD width="600"><BR>
<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>2</FONT></P>
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<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B><a name="a3"></a>RISK FACTORS</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>You should carefully consider the risks described below before deciding to invest in our common stock.
These risks could have a material and adverse impact on our business, results of operations and financial
condition. If that were to happen, the trading price of our common stock could decline, and you could
lose all or part of your investment. The risks described below are not the only ones we face. Our
business operations could also be impaired by additional risks and uncertainties that are not presently
known to us, or that we currently consider immaterial.</I></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>Due to many factors, including the amount of business represented by large contracts, new orders, net
sales and our operating results are difficult to forecast and may be volatile.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We have experienced, and will experience in the future, significant fluctuations in new orders, net
sales and operating results, including our net income and earnings per share, from quarter to quarter.
One reason for this is that a significant portion of our business &#150; primarily the over-the-horizon
microwave systems of our telecommunications transmission business segment, a portion of our RF microwave
amplifier business segment and the majority of our mobile data communications segment &#150; is derived
from a limited number of relatively large customer contracts, the timing of which cannot be predicted.
While we generally recognize revenue on contracts when the products are shipped, revenue is recognized
on the percentage-of-completion method when the performance of a contract will extend beyond a 12
month period. Our new orders, net sales and operating results, including our net income and earnings
per share, also may vary significantly from period-to-period because of the following factors:&nbsp;product
mix sold; fluctuating market demand; price competition; new product introductions by our competitors;
fluctuations in foreign currency exchange rates; unexpected changes in delivery of components or
subsystems; political instability; regulatory developments; and general economic conditions. Accordingly,
you should not rely on period-to-period comparisons as indications of our future performance because
these comparisons may not be meaningful.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>Our business, results of operations, liquidity and financial position depend on our ability to maintain
our level of government business.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In recent years, we have increased our dependence on U.S. government business. Our sales to the U.S.
government (including sales to prime contractors to the U.S. government) accounted for approximately
40.1%, 44.2% and 33.8% of our total net sales for the fiscal years ended July 31, 2004, 2003 and
2002, respectively. Approximately 56.1% of our backlog at July 31, 2004 consisted of orders from
the U.S. government. We expect such business to represent a significant portion of our revenues for
the foreseeable future. U.S. government business exposes us to various risks, including:</FONT></P></TD></TR>
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<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR></TABLE>
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<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>unexpected contract or project terminations or suspensions;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>unpredictable order placements, reductions or cancellations;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>reductions in government funds available for our projects due to government policy changes, budget
cuts and other spending priorities;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>penalties arising from post-award contract audits;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
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<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>cost audits in which the value of our contracts may be reduced;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>higher-than-expected final costs, particularly relating to software and hardware development, for work
performed under contracts where we commit to specified deliveries for a fixed price; and</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>unpredictable cash collections of unbilled receivables that may be subject to acceptance of contract
deliverables by the customer and contract close-out procedures, including government approval of
final indirect rates.</FONT></TD></TR></TABLE>
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<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>
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<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2><I></I></FONT><FONT face="Times New Roman, Times, Serif" size=2>All of our U.S. government contracts can be terminated by the U.S. government for its convenience.
Termination for convenience provisions provide only for our recovery of costs incurred or committed,
settlement expenses and profit on work completed prior to termination. In addition to the right of
the U.S. government to </FONT></P></TD></TR></TABLE>
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<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>3</FONT></P>
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<P><FONT face="Times New Roman, Times, Serif" size=2>terminate, U.S. government contracts are conditioned upon the continuing approval by Congress of the
necessary spending. Congress usually appropriates funds for a given program on a fiscal-year basis
even though contract performance may take more than one year. Consequently, at the beginning of a
major program, the contract may not be fully funded, and additional monies are normally committed
to the contract only if, as and when appropriations are made by Congress for future fiscal years.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The U.S. government may review our costs and performance on their contracts, as well as our accounting
and general business practices. Based on the results of such audits, the U.S. government may adjust
our contract-related costs and fees.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We obtain U.S. government contracts through a competitive bidding process. We cannot assure you that
we will continue to win competitively awarded contracts or that awarded contracts will generate sufficient
net sales to result in profitability.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>All of our businesses are subject to rapid technological change; we must keep pace with changes to
compete successfully.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We are engaged in businesses characterized by rapid technological change, evolving industry standards,
frequent new product announcements and enhancements, and changing customer demands. The introduction
of products and services embodying new technologies and the emergence of new industry standards could
render our products and services obsolete or non-competitive. The technology used in our products
and services evolves rapidly, and our business position depends, in large part, on the continuous
refinement of our scientific and engineering expertise and the development, either through internal
research and development or acquisitions, of new or enhanced products and technologies. We may not
have the economic or technological resources to be successful in such efforts and we may not be able
to identify and respond to technological improvements made by our competitors in a timely or cost-effective
fashion. A significant technological breakthrough by others, including smaller competitors or new
firms, could have a material adverse impact on our business, results of operations and financial condition.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>Our dependence on international sales may adversely affect us.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sales for use by international customers (including sales to prime contractors&#146; international
customers) represented approximately 45.4%, 39.7% and 41.2% of our total net sales for the fiscal
years ended July 31, 2004, 2003 and 2002, respectively. Approximately 29.4% of our backlog at July
31, 2004 consisted of orders for use by foreign customers. Direct and indirect sales to a North African
country during the fiscal year ended July 31, 2004 were 14.1% of total net sales. We expect that
international sales will continue to be a substantial portion of our total sales.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These sales expose us to certain risks, including barriers to trade, fluctuations in foreign currency
exchange rates (which may make our products less price competitive), political and economic instability,
exposure to public health epidemics (such as Severe Acute Respiratory Syndrome (&#147;SARS&#148;)),
availability of suitable export financing, tariff regulations, and other U.S. and foreign regulations
that may apply to the export of our products and the generally greater difficulties of doing business
abroad. We attempt to reduce the risk of doing business in foreign countries by seeking subcontracts
with large systems suppliers, contracts denominated in U.S. dollars, advance or milestone payments
and irrevocable letters of credit in our favor. However, we may not be able to reduce the economic
risk of doing business in foreign countries, in all instances. In such cases billed and unbilled
receivables relating to international sales are subject to increased collectibility risk and may
result in significant write-offs, which could have a material adverse impact on our business, results
of operations and financial condition.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign defense contracts generally contain provisions relating to termination at the convenience of
the government. In addition, certain of our products and systems may require licenses from U.S. government
agencies for export from the United States, and some of our products are not permitted to be exported.
We cannot be sure of our ability to gain any licenses that may be required to export our products,
and failure to receive required licenses could materially reduce our ability to sell our products
outside the United States.</FONT></P></TD></TR></TABLE>
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<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>4</FONT></P>
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<P><FONT face="Times New Roman, Times, Serif" size=2><B>Reductions in telecommunications equipment and systems spending may negatively affect our revenues,
profitability and the recoverability of our assets, including intangible assets.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From the second half of fiscal 2001 through fiscal 2003, our revenues from commercial customers were
negatively affected by the uncertain economic environment both in the overall market, and more specifically
in the telecommunications and aviation sectors. If the economy continues to slow, some of our customers
may further reduce their budgets for spending on telecommunications equipment and systems. As a consequence,
our current customers and other prospective customers may postpone, reduce or even forego the purchase
of our products and systems, which could adversely affect our revenues, profitability and the recoverability
of our assets, including&nbsp;intangible assets, particularly in our telecommunications transmission
and RF microwave amplifier segments, which are exposed to the telecommunications and aviation sectors.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>Our mobile data communications business is subject to risk.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Although fiscal 2004 sales and earnings increased significantly over prior years, our mobile data communications
business has a relatively limited operating history compared to our other business segments. It is
subject to all of the risks inherent in the operation of a new business enterprise. In addition to
the other risk factors described in this section, the risk factors applicable to our mobile data
communications services business include the following:</FONT></P></TD></TR>
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<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>Although the U.S. Army contract for the logistics command&#146;s Movement Tracking System (&#147;MTS&#148;)
obligates us to provide satellite services and hardware, including mobile satellite transceivers
and computers, through 2007, as and when ordered by the U.S. Army and at the fixed prices and other
terms set forth in this contract, the U.S. Army is not obligated to purchase any terminals or services
under this contract and may terminate this contract. Sales under the U.S. Army contract could be
subject to unpredictable funding and deployment decisions. Through July 31, 2004, we have received
orders aggregating $112.5&nbsp;million under the MTS contract, $7.2&nbsp;million of which relates
to battlefield command and control applications.</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>Certain components that we need have purchasing lead-time of four months or longer, and the U.S. Army
contract requires us to provide mobile terminals within 90 days after we receive an order.</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>Our success in commercial markets will depend on, among other things, our ability to access the best
distribution channels, the development or licensing of applications which create value for the customer
and our ability to attract and retain qualified personnel. Delays in delivering terminals could also
adversely affect our ability to obtain and retain commercial customers.</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>In general, as we seek to grow our mobile data communications business, we anticipate that we will
need to maintain a substantial inventory in order to provide terminals to our customers on a timely
basis. If forecasted orders are not received, we might be left with large inventories of slow moving
or unusable parts or terminals. This could result in an adverse effect on our business, results of
operations and financial position.</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>We lease the satellite capacity necessary to operate our system from third party satellite networks.
We currently have a long-term lease that expires on June 30, 2005 with a satellite network operator,
Mobile Satellite Ventures, for satellite coverage in North America, Central America and the northern
rim of South America. We have leases with other vendors for satellite coverage in other parts of
the world as required by the U.S. Army contract. We cannot assure you that we will be able to obtain
sufficient satellite capacity or geographical coverage from any vendor to operate our mobile data
communications services system on acceptable terms or on a timely basis.</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>There are several existing competitors in the mobile data communications market that have established
systems with sizable customer bases and much greater financial resources than us. The largest of
these competitors is Qualcomm, Inc. Existing competitors, including terrestrial service providers,
are also aggressively pricing their products and services and may continue to do so in the future.
Competitors continue to offer new value added products and services, which we may be unable to match
on a timely or cost effective basis. Increased competition may impact margins throughout the industry.
We </FONT></TD></TR></TABLE>
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<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>anticipate that new competitors will enter the mobile data communications market in the future. This
could impact our entry into the commercial market in a significant way.</FONT></TD></TR>
<TR>
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<TD vAlign=top>&nbsp;</TD></TR></TABLE>
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<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>All satellite communications are subject to the risk that a satellite or ground station failure or
a natural disaster may interrupt service. In addition, during fiscal 2005, we expect to complete
our new state-of-the-art network operations center located in our new Germantown, Maryland facility.
The existing network operations center will be relocated to our Tempe, Arizona facility and will
be used to provide back-up capability. We may not be able to successfully complete this move and
relocation. Interruptions in service could have a material adverse impact on our business, results
of operations and financial condition. At present, one of our satellite providers is operating without
a full in-orbit back-up capability in the event of a failure of one of its two satellites in operation.
Should we be obliged to restore service on another system in the event of a satellite failure, our
costs would increase and could have an adverse effect on our business, results of operation and financial
position.</FONT></TD></TR></TABLE>
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<P><FONT face="Times New Roman, Times, Serif" size=2><B>Our backlog is subject to customer cancellation or modification.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>We currently have a backlog of orders, mostly under contracts that the customer may modify or terminate.
We cannot assure you that our backlog will result in net sales.</FONT></P>
<P align=left><FONT face="Times New Roman, Times, Serif" size=2><B>Our dependence on component availability, subcontractor availability and performance and key suppliers
may adversely affect us.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>We do not generally maintain a substantial inventory of components and subsystems. We obtain certain
components and subsystems from a single source or a limited number of sources, but believe that most
components and subsystems are available from alternative suppliers and subcontractors. A significant
interruption in the delivery of such items, however, could have a material adverse impact on our
business, results of operations and financial condition.</FONT></P>
<P align=left><FONT face="Times New Roman, Times, Serif" size=2><B>Our fixed price contracts subject us to risk.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Almost all of our products and services are sold under fixed price contracts. This means that we bear
the risk of unanticipated technological, manufacturing, supply or other problems, price increases
or increases in the cost of performance.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>Adverse regulatory changes could impair our ability to sell products.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Our products are incorporated into wireless communications systems that must comply with various government
regulations, including those of the Federal Communications Commission (&#147;FCC&#148;). Regulatory
changes, including changes in the allocation and availability of frequency spectrum, and in the military
standards and specifications that define the current satellite networking environment, could materially
harm our business by (1)&nbsp;restricting development efforts by us and our customers, (2) making
our current products less attractive or obsolete, or (3) increasing the opportunity for additional
competition.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Changes in, or our failure to comply with, applicable regulations could materially harm our business.
In addition, the increasing demand for wireless communications has exerted pressure on regulatory
bodies worldwide to adopt new standards and reassign bandwidth for these products and services. The
reduced number of available frequencies for other products and services and the time delays inherent
in the government approval process of new products and services have caused and may continue to cause
our customers to cancel, postpone or reschedule their installation of communications systems including
their satellite, over-the-horizon microwave, or terrestrial line-of-sight microwave communication
systems. This, in turn, could have a material adverse effect on our sales of products to our customers.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>We face risks from the uncertainty of prevailing economic and political conditions.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Current global political and economic conditions are uncertain. As a result, it is difficult to estimate
the level of expansion, if any, for the global or U.S. economies generally or the markets in which
we participate. Because our budgeting and forecasting process relies on estimates of growth in the
markets we serve, the current economic environment renders estimates of future income and expenses
even more difficult than usual to formulate. </FONT></P></TD></TR></TABLE>
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<TD width="600"><BR>
<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>6</FONT></P>
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<P><FONT face="Times New Roman, Times, Serif" size=2>The future direction of the domestic and global economies and political environment could have a material
adverse impact on our business, results of operations and financial condition.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>Acquisitions and strategic investments may divert our resources and management attention; results may
fall short of expectations.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>We intend to continue pursuing selected acquisitions of and investments in businesses, technologies
and product lines as a key component of our growth strategy. Any future acquisition or investment
may result in the use of significant amounts of cash, potentially dilutive issuances of equity securities,
incurrence of debt and amortization expenses or in process research and development charges related
to intangible assets. Acquisitions involve numerous risks, including:</FONT></P></TD></TR>
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<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR></TABLE>
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<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>difficulties in the integration and assimilation of the operations, technologies, products and personnel
of an acquired business;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>diversion of management&#146;s attention from other business concerns;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>increased expenses associated with the acquisition; and</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>potential loss of key employees or customers of any acquired business.</FONT></TD></TR></TABLE>
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<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>
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<TD vAlign=top>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>We cannot assure you that our acquisitions will be successful and will not adversely affect our business,
results of operations or financial condition.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>The loss of key technical or management personnel could adversely affect our business.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Our success depends on the continued contributions of key technical management personnel, including
the key corporate and operating unit management at each of our subsidiaries. Many of our key personnel,
particularly the key engineers of our subsidiaries, would be difficult to replace, and are not subject
to employment or noncompetition agreements. Our growth and future success will depend in large part
upon our ability to attract and retain highly qualified engineering, sales and marketing personnel.
Competition for such personnel from other companies, academic institutions, government entities and
other organizations is intense. Although we believe that we have been successful to date in recruiting
and keeping key personnel, we may not be successful in attracting and retaining the personnel we
will need to continue to grow and operate profitably. Also, the management skills that have been
appropriate for us in the past may not continue to be appropriate if we continue to grow and diversify.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>Our markets are highly competitive.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The markets for our products are highly competitive. We cannot assure you that we will be able to successfully
compete or that our competitors will not develop new technologies and products that are more commercially
effective than our own. We expect the Department of Defense&#146;s increased use of commercial off-the-shelf
products and components in military equipment will encourage new competitors to enter the market.
Also, although the implementation of advanced telecommunications services is in its early stages
in many developing countries, we believe competition may intensify as businesses and foreign governments
realize the market potential of telecommunications services. Many of our competitors have financial,
technical, marketing, sales and distribution resources greater than ours.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>Protection of our intellectual property is limited; we are subject to the risk of third party claims
of infringement.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Our businesses rely in large part upon our proprietary scientific and engineering &#147;know-how&#148;
and production techniques. Historically, patents have not been an important part of our protection
of our intellectual property rights. We rely upon the laws of unfair competition, restrictions in
licensing agreements and confidentiality agreements to protect our intellectual property. We limit
access to and distribution of our proprietary information. These efforts allow us to rely upon the
knowledge and experience of our management and technical personnel to market our existing products
and to develop new products. The departure of any of our key management and technical personnel,
the breach of their confidentiality and non-disclosure obligations to us or the </FONT></P></TD></TR></TABLE>
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<TD width="600"><BR>
<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>7</FONT></P>
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<P><FONT face="Times New Roman, Times, Serif" size=2>failure to achieve our intellectual property objectives may have a material adverse impact on our business,
results of operations and financial condition.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Our ability to compete successfully and achieve future revenue growth will depend, in part, on our
ability to protect our proprietary technology and operate without infringing upon the rights of others.
We may fail to do so. In addition, the laws of certain countries in which our products are or may
be sold may not protect our products and intellectual property rights to the same extent as the laws
of the United States.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>We believe that we own or have licensed all intellectual property rights necessary for the operation
of our businesses as currently contemplated. If the technology we use is found to infringe on protected
technology, we could be required to change our business practices, license the protected technology,
and/or pay damages or other compensation to the infringed party. If we are unable to license protected
technology used in our business or if we were required to change our business practices, we could
be prohibited from making and selling our products or providing certain telecommunications services.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>Our operations are subject to environmental laws and regulations and we may be subject to environmental
liabilities.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>We engage in manufacturing and are subject to a variety of local, state and federal governmental regulations
relating to the storage, discharge, handling, emission, generation, manufacture and disposal of toxic
or other hazardous substances used to manufacture our products, particularly in the fabrication of
fiberglass antennas by our Comtech Antenna Systems, Inc. subsidiary. The failure to comply with current
or future environmental requirements could result in the imposition of substantial fines, suspension
of production, alteration of our manufacturing processes or cessation of operations that could have
a material adverse impact on our business, results of operations and financial condition.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>In addition, the handling, treatment or disposal of hazardous substances by us or our predecessors
may have resulted or could in the future result in contamination requiring investigation or remediation
or leading to other liabilities, any of which could have a material adverse impact on our business,
results of operations and financial condition.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>Recently enacted and proposed changes in securities laws and regulations are increasing our costs.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The Sarbanes-Oxley Act of 2002 that became law in July 2002 requires changes in some of our corporate
governance, public disclosure and compliance practices. The Act also requires the Securities and
Exchange Commission to promulgate new rules on&nbsp;a variety of subjects. In addition, the Nasdaq
National Market has revised its requirements for companies, such as us, that are listed on the Nasdaq
National Market. These developments are increasing our legal and financial compliance costs. We expect
these developments to make it more difficult and more expensive for us to obtain director and officer
liability insurance, and we may be required to accept reduced coverage or incur substantially higher
costs to obtain coverage. These developments could make it more difficult for us to attract and retain
qualified members of our board of directors, particularly to serve on our audit committee, and qualified
executive&nbsp;officers.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>Terrorist attacks and threats, and government responses thereto, and threats of war elsewhere may negatively
impact all aspects of our operations, revenues, costs and stock price.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The terrorist attacks in the United States and against United States&#146; interests overseas, the
U.S. government&#146;s response thereto, and threats of war may negatively affect our business, financial
condition and results of operations. Any escalation in these events or similar or future events may
disrupt our operations or those of our customers and may affect the availability of materials needed
to manufacture our products or the means to transport those materials to manufacturing facilities
and finished products to customers. In addition, these events have had and could continue to have
an adverse impact on the U.S. and world economy in general.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>Provisions in our corporate documents, stockholder rights plan, and Delaware law could delay or prevent
a change in control of Comtech.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>We have taken a number of actions that could have the effect of discouraging, delaying or preventing
a merger or acquisition involving Comtech that our stockholders may consider favorable. For example,
we have a </FONT></P></TD></TR></TABLE>
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<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>8</FONT></P>
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<P><FONT face="Times New Roman, Times, Serif" size=2>classified board and the employment contract of our chief executive officer provides for a substantial
payment in the event of a change of control of Comtech. We also adopted a stockholder rights plan
that could cause substantial dilution to a stockholder, and substantially increase the cost paid
by a stockholder, who attempts to acquire us on terms not approved by our board of directors. This
could prevent us from being acquired. In addition, our certificate of incorporation grants the board
of directors the authority to fix the rights, preferences and privileges of and issue up to 2,000,000
shares of preferred stock without stockholder action. Although we have no present intention to issue
shares of preferred stock, such an issuance of any class or series of our preferred stock could have
rights which would adversely affect the voting power of the common stock or which could delay, defer,
or prevent a change in control of Comtech. In addition, we are subject to the provisions of Section
203 of the Delaware General Corporation Law, an anti-takeover law. In general, this statute provides
that except in certain limited circumstances a corporation shall not engage in any &#147;business
combination&#148; with an &#147;interested stockholder&#148; for a period of three years after the
date of the transaction in which the person became an interested stockholder, unless the business
combination is approved in a prescribed manner. A &#147;business combination&#148; includes mergers,
asset sales and other transactions resulting in a financial benefit to the interested stockholder.
Subject to certain exceptions, for purposes of Section 203 of the Delaware General Corporation Law,
an &#147;interested stockholder&#148; is a person who, together with affiliates, owns, or within
three years did own, 15% or more of the corporation&#146;s voting stock. This provision could have
the effect of delaying or preventing a change in control of Comtech.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>Our debt service obligations may adversely affect our cash flow.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The higher level of indebtedness resulting from the issuance of our 2.0% convertible senior notes increases
the risk that we may default on our debt obligations. We cannot assure you that we will be able to
generate sufficient cash flow to pay the interest on our debt or that future working capital, borrowings
or equity financing will be available to pay or refinance such debt.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The level of our indebtedness, among other things, could:</FONT></P></TD></TR>
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<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>make it difficult for us to make payments on our debt;</FONT></TD></TR>
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<TD vAlign=top>&nbsp;</TD></TR>
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<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>make it difficult for us to obtain any necessary financing in the future for working capital, acquisitions,
capital expenditures, debt service requirements or other purposes;</FONT></TD></TR>
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<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>limit our flexibility in planning for, or reacting to, changes in our business and the industry in
which we compete; and</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>make us more vulnerable in the event of a downturn in our business.</FONT></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>
<TR>
<TD vAlign=top>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>Our stock price is volatile.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The stock market in general, and the stock prices of technology-based companies in particular, have
experienced extreme volatility that often has been unrelated to the operating performance of any
specific public company. The market price of our common stock has fluctuated significantly in the
past and is likely to fluctuate significantly in the future as well. Factors that may have a significant
impact on the market price of our stock include:</FONT></P></TD></TR>
<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>future announcements concerning us or our competitors;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>receipt or non-receipt of substantial orders for products and services;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>results of technological innovations;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>new commercial products;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>changes in recommendations of securities analysts;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>government regulations;</FONT></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR vAlign=top>
<TD width="600"><BR>
<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>9</FONT></P>
<HR color=gray noShade SIZE=5>
</TD></TR></TABLE>
<P style="PAGE-BREAK-AFTER: always"></P><PAGE><BR>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>proprietary rights or product or patent litigation;</FONT></TD></TR>
<TR>
<TD width="53" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>changes in economic conditions generally, particularly in the telecommunications sector;</FONT></TD></TR>
<TR>
<TD width="53" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>changes in market conditions generally, particularly in the market for small cap stocks; and</FONT></TD></TR>
<TR>
<TD width="53" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>limited public float.</FONT></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>
<TR>
<TD vAlign=top>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Shortfalls in our sales or earnings in any given period relative to the levels expected by securities
analysts could immediately, significantly and adversely affect the trading price of our common stock.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>We have never declared or paid cash dividends.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>We have never declared or paid a cash dividend and do not intend to declare any cash dividends on our
common stock in the foreseeable future.</FONT></P></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR vAlign=top>
<TD width="600"><BR>
<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>10</FONT></P>
<HR color=gray noShade SIZE=5>
</TD></TR></TABLE>
<P style="PAGE-BREAK-AFTER: always"></P><PAGE><BR>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B><a name="a4"></a>FORWARD-LOOKING STATEMENTS</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>This prospectus contains &#147;forward-looking statements&#148; including statements concerning the
future of our industry, product development, business strategy, continued acceptance of our products,
market growth, and dependence on significant customers. These statements can be identified by the
use of forward-looking terminology such as &#147;may,&#148; &#147;will,&#148; &#147;expect,&#148;
&#147;anticipate,&#148; &#147;estimate,&#148; &#147;continue,&#148; or other similar words. When
considering forward-looking statements, you should keep in mind the risk factors and other cautionary
statements in this prospectus. The risk factors noted above and other factors noted throughout this
prospectus could cause our actual results to differ significantly from those contained in any forward-looking
statement. Except as required by law, we undertake no obligation to update publicly any forward-looking
statements for any reason after the date of this prospectus to conform these statements to actual
results or to changes in our expectations.</FONT></P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B><a name="a5"></a>USE OF PROCEEDS</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>We will not receive any proceeds from the sale of the shares of common stock by the selling stockholders.
</FONT></P></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR vAlign=top>
<TD width="600"><BR>
<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>11</FONT></P>
<HR color=gray noShade SIZE=5>
</TD></TR></TABLE>
<P style="PAGE-BREAK-AFTER: always"></P><PAGE><BR>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B><a name="a6"></a>SELLING STOCKHOLDERS</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>All of the 7,961 shares offered hereby were acquired from us by the selling stockholders upon their
exercise of warrants for the purchase of our shares of common stock. The warrants that were exercised
were issued in connection with our acquisition of Mobile Datacom Corporation in September, 1998,
and were issued with an exercise price of $4.38 per share. Under the warrants, we agreed to file
a registration statement registering the resale of shares of our common stock by the selling stockholders
and to keep such registration statement effective for such period of time needed to complete the
offer and sale of the common stock being offered under this prospectus.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The initial holders, or their pledgees, donees, distributees, transferees or other successors-in-interest
(including, for example, partners in a partnership receiving a distribution of the shares), who are
collectively referred to in this prospectus as the selling stockholders, may from time to time offer
and sell any and all of the shares of common stock offered under this prospectus. This prospectus
also covers any additional shares of common stock that become issuable in connection with the shares
being registered by reason of any stock dividend, stock split, recapitalization or other similar
transaction effected without receipt of consideration which results in an increase in the number
of our outstanding shares of common stock.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>A registration statement, of which this prospectus is a part, was filed with the SEC on October 23,
2003. Based on a misunderstanding as to the effectiveness of that registration statement, on November
19, 2003 we incorrectly filed with the SEC a prospectus with respect to the registration statement
and incorrectly notified the selling stockholders and other holders of shares issued under similar
warrants that the registration statement had become effective. We believe that certain of the stockholders
who were notified sold 79,623 shares of our stock in reliance on such prospectus. Since the sale
of such shares did not comply with Section 5 of the Securities Act, the purchasers of such shares
were entitled, under the Securities Act, within the first year after such purchase, to rescission
or damages (if such seller resold the shares) from the selling stockholder. We believe that 65,709
of such 79,623 shares were sold more than one year ago and that the statute of limitations would
bar any claim for rescission or damages in respect of such sales. With respect to the balance of
13,914 shares, we believe we have a contingent liability for any potential claim for rescission or
damages by the purchaser(s) of such shares. In consultation with our counsel (which consultation
included consideration of, among other things, the approximate amount paid by the purchasers of such
shares, the trend in the market price of the Company&#146;s common stock since the sales occurred,
and the time remaining under the statute of limitations with respect to such sales), we believe that
a claim for rescission or damages with respect to such 13,914 shares is unlikely, and that, even
if a claim is asserted, it would not have a material effect on our financial condition or results of operations.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The following table sets forth, for each selling stockholder, the amount of Comtech common stock owned,
the number of shares of common stock offered hereby and the number of shares of common stock to be
held and the percentage of outstanding common stock to be owned after completion of this offering
(assuming the sale of all shares offered under this prospectus). In addition, the table indicates
any position, office or other relationship material to Comtech or any of its affiliates which any
selling stockholder has held within the past three years. All share information reported below has
been adjusted to reflect the 3-for-2 stock split that occurred on April 4, 2005. </FONT></P></TD></TR>
<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR></TABLE>
<TABLE width="600" border="0" cellPadding="0" cellSpacing="0">
  <TR valign="bottom">
    <TD align="center"><font size="1" face="Times New Roman, Times, serif"><B>Name</B></font></TD>
    <TD align="center" nowrap>&nbsp;</TD>
    <TD align="center" nowrap><font size="1" face="Times New Roman, Times, serif"><B>Number of<br>
      Shares<br>
      Owned</B></font></TD>
    <TD align="center" nowrap>&nbsp;</TD>
    <TD align="center" nowrap><font size="1" face="Times New Roman, Times, serif"><B>Number of<br>
      Shares<br>
      Offered<br>
      Hereby</B></font></TD>
    <TD align="center" nowrap>&nbsp;</TD>
    <TD align="center" nowrap><font size="1" face="Times New Roman, Times, serif"><B>Number of<br>
      Shares<br>
      Owned After<br>
      Offering</B></font></TD>
    <TD align="center" nowrap>&nbsp;</TD>
    <TD align="center" nowrap><font size="1" face="Times New Roman, Times, serif"><B>Percent of<br>
      Ownership<br>
      After<br>
      Offering</B></font></TD>
    <TD align="center" nowrap>&nbsp;</TD>
    <TD align="center" nowrap><font size="1" face="Times New Roman, Times, serif"><B>Position,<br>
      Office or<br>
      Other<br>
      Material<br>
    Relationship</B></font></TD>
  </TR>
  <TR>
    <TD vAlign=top><hr size=1 noshade></TD>
    <TD align="center" vAlign=top>&nbsp;</TD>
    <TD align="center" vAlign=top><hr size=1 noshade></TD>
    <TD align="center" vAlign=top>&nbsp;</TD>
    <TD align="center" vAlign=top><hr size=1 noshade></TD>
    <TD align="center" vAlign=top>&nbsp;</TD>
    <TD align="center" vAlign=top><hr size=1 noshade></TD>
    <TD align="center" vAlign=top>&nbsp;</TD>
    <TD align="center" vAlign=top><hr size=1 noshade></TD>
    <TD align="center" vAlign=top>&nbsp;</TD>
    <TD align="center" vAlign=top><hr size=1 noshade></TD>
  </TR>
  <TR>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">SG Partners LP</font></TD>
    <TD width=3% align="center" vAlign=top>&nbsp;</TD>
    <TD width=12% align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD width=3% align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD width=12% align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">4,137</font></TD>
    <TD width=3% align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD width=12% align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD width=3% align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD width=12% align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">*</font></TD>
    <TD width=3% align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD width=12% align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&#151;</font></TD>
  </TR>
  <TR>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top>&nbsp;</TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top nowrap><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">Brent Taylor</font></TD>
    <TD align="center" vAlign=top>&nbsp;</TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">1,930</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">*</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top nowrap><font size="2" face="Times New Roman, Times, serif">Former <br>
      Subsidiary <br>
      Officer</font></TD>
  </TR>
  <TR>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top>&nbsp;</TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top nowrap><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">Steve Line</font></TD>
    <TD align="center" vAlign=top>&nbsp;</TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">1,176</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">*</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top nowrap><font size="2" face="Times New Roman, Times, serif">&#151;</font></TD>
  </TR>
  <TR>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top>&nbsp;</TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top nowrap><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">Dan Veeneman</font></TD>
    <TD align="center" vAlign=top>&nbsp;</TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;&nbsp;&nbsp;718</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">*</font></TD>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="center" vAlign=top nowrap><font size="2" face="Times New Roman, Times, serif">Subsidiary <br>
      Officer</font></TD>
  </TR>
</TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">
<TR>
<TD vAlign=top>
<P align=left><FONT face="Times New Roman, Times, Serif" size=2>______________<br>
</FONT><FONT face="Times New Roman, Times, Serif" size=2>* Less than 1%.</FONT></P>
</TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR vAlign=top>
<TD width="600"><BR>
<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>12</FONT></P>
<HR color=gray noShade SIZE=5>
</TD></TR></TABLE>
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<TR>
<TD>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B><a name="a7"></a>PLAN OF DISTRIBUTION</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The selling stockholders may, from time to time, sell any or all of their shares of common stock on
any stock exchange, market or trading facility on which the shares are traded or in private transactions.
These sales may be at fixed or negotiated prices. The selling stockholders may use any one or more
of the following methods when selling shares:</FONT></P></TD></TR>
<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>ordinary brokerage transactions and transactions in which the broker-dealer solicits purchasers;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>block trades in which the broker-dealer will attempt to sell the shares as agent but may position and
resell a portion of the block as principal to facilitate the transaction;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>purchases by a broker-dealer as principal and resale by the broker-dealer for its account;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>an exchange distribution in accordance with the rules of the applicable exchange;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>privately negotiated transactions;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>short sales;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>broker-dealers may agree with the selling stockholders to sell a specified number of such shares at
a stipulated price per share;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>a combination of any such methods of sale; and</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>any other method permitted pursuant to applicable law.</FONT></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>
<TR>
<TD vAlign=top>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The selling stockholders may also sell shares under Rule 144 under the Securities Act, if available,
rather than under this prospectus.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The selling stockholders may also engage in short sales against the box, puts and calls and other transactions
in our shares of common stock and may sell or deliver shares in connection with these trades.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Broker-dealers engaged by the selling stockholders may arrange for other brokers-dealers to participate
in sales. Broker-dealers may receive commissions or discounts from the selling stockholders (or,
if any broker-dealer acts as agent for the purchaser of shares, from the purchaser) in amounts to
be negotiated. Any profits on the resale of shares of common stock by a broker-dealer acting as principal
might be deemed to be underwriting discounts or commissions under the Securities Act. Discounts,
concessions, commissions and similar selling expenses, if any, attributable to the sale of shares
will be borne by a selling stockholder. The selling stockholders may agree to indemnify any agent,
dealer or broker-dealer that participates in transactions involving sales of the shares if liabilities
are imposed on that person under the Securities Act.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The selling stockholders may from time to time pledge or grant a security interest in some or all of
the shares of common stock owned by them and, if they default in the performance of their secured
obligations, the pledgees or secured parties may offer and sell the shares of common stock from time
to time under this prospectus after we have filed an amendment to this prospectus under Rule 424(b)(3)
or other applicable provision of the Securities Act amending the list of selling stockholders to
include the pledgee, transferee or other successors in interest as selling stockholders under this
prospectus.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The selling stockholders also may transfer the shares of common stock in other circumstances, in which case the transferees, pledgees or other successors in interest will be the selling beneficial owners for purposes of this prospectus and may sell the shares of common stock from time to time under this prospectus after we have filed an amendment to this prospectus under Rule 424(b)(3) or other applicable provision of the Securities Act amending the list of selling stockholders to include the pledgee, transferee or other successors in interest as selling stockholders under this prospectus.</FONT></P></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR vAlign=top>
<TD width="600"><BR>
<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>13</FONT></P>
<HR color=gray noShade SIZE=5>
</TD></TR></TABLE>
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<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The selling stockholders and any broker-dealers or agents that are involved in selling the shares of
common stock may be deemed to be &#147;underwriters&#148; within the meaning of the Securities Act
in connection with such sales. In such event, any commissions received by such broker-dealers or
agents and any profit on the resale of the shares of common stock purchased by them may be deemed
to be underwriting commissions or discounts under the Securities Act.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>We are required to pay all fees and expenses incident to the registration of the shares of common stock.
We have agreed to indemnify the selling stockholders against certain losses, claims, damages and
liabilities, including liabilities under the Securities Act.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The selling stockholders have advised us that they have not entered into any agreements, understandings
or arrangements with any underwriters or broker-dealers regarding the sale of their shares of common
stock, nor is there an underwriter or coordinating broker acting in connection with a proposed sale
of shares of common stock by any selling stockholder. If we are notified by any selling stockholder
that any material arrangement has been entered into with a broker-dealer for the sale of shares of
common stock, if required, we will file a supplement to this prospectus. If the selling stockholders
use this prospectus for any sale of the shares of common stock, they will be subject to the prospectus
delivery requirements of the Securities Act.</FONT></P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B><a name="a8"></a>LEGAL MATTERS</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The validity of the shares of common stock offered hereby will be passed upon for us by Proskauer Rose
LLP, New York, New York. Richard L. Goldberg, a director of Comtech, is also a partner in Proskauer
Rose LLP.</FONT></P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B><a name="a9"></a>EXPERTS</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The consolidated financial statements and schedule of Comtech Telecommunications Corp. and subsidiaries
as of July 31, 2004 and 2003, and for each of the years in the three-year period ended July 31, 2004,
have been incorporated by reference in Comtech&#146;s Annual Report on Form 10-K for the year ended
July 31, 2004 in reliance upon the report of KPMG LLP, independent registered public accounting firm, incorporated herein
by reference, and upon the authority of said firm as experts in accounting and auditing.</FONT></P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B><a name="a10"></a>WHERE YOU CAN FIND MORE INFORMATION</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>We file annual, quarterly and special reports, proxy statements and other information with the SEC.
We make our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form
8-K and any amendments to such reports available free of charge through our corporate website (at
www.comtechtel.com) as soon as reasonably practical after we file any such report with the SEC. The
information posted on our corporate website is not incorporated into this prospectus. You can also
inspect and copy these reports, proxy statements and other information at the public reference room
of the SEC, in Room 1024, 450 Fifth Street, N.W., Washington, D.C. 20549. Please call the SEC at
1-800-SEC-0330 for further information on the public reference room. The SEC also maintains a website
that contains reports, proxy and information statements and other information regarding registrants
that file electronically with the SEC (http://www.sec.gov).</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>You should rely only upon the information provided in this prospectus or incorporated herein by reference.
We have not authorized anyone to provide you with different information. You should not assume that
the information contained in this prospectus, including any information incorporated herein by reference,
is accurate as of any other date other than that set forth on the front cover of this prospectus.</FONT></P></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR vAlign=top>
<TD width="600"><BR>
<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>14</FONT></P>
<HR color=gray noShade SIZE=5>
</TD></TR></TABLE>
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<TD>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B><a name="a11"></a>INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>We are incorporating by reference in this prospectus certain information that we have filed and will
file with the SEC, which means that we can disclose important information to you by referring to
those documents. The information incorporated by reference is an important part of this prospectus.
We incorporate by reference the following documents we filed with the SEC pursuant to the Securities
Exchange Act of 1934 (the &#147;Exchange Act&#148;):</FONT></P></TD></TR>
<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=40><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>Annual Report on Form 10-K for the fiscal year ended July 31, 2004, filed on September 22, 2004;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD width="40" vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=40><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>Quarterly Reports on Form 10-Q for the period ended October 31, 2004, filed on December 7, 2004, for
the period ended January 31, 2005, filed on March 9, 2005, for the period ended April 30, 2005, filed
on June 8, 2005;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD width="40" vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=40><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>Current Reports on Form 8-K filed on September 22, 2004, December 7, 2004, January 19, 2005, February
2, 2005, March 9, 2005, April 6, 2005, April 7, 2005 and June 8, 2005;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD width="40" vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=40><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>Definitive Proxy Statement filed on November 1, 2004;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD width="40" vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=40><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>Form 8-A relating to the registration of our common stock pursuant to Section 12(g) of the Exchange
Act , filed on November 22, 1974, as amended by our Current Report on Form 8-K dated December 11,
2000;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD width="40" vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=40><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>Form 8-A relating to the registration of our preferred stock pursuant to Section 12(g) of the Exchange
Act, filed on December 22, 1998, as amended by our Form 8-A/A amending registration of our preferred
stock pursuant to Section 12(g) of the Exchange Act, filed on December 23, 1998; and</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD width="40" vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=40><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>all documents filed by us with the SEC pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange
Act prior to the termination of the offering.</FONT></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>
<TR>
<TD vAlign=top>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>You may request a copy of these filings at no cost, by writing or telephoning us at the following address:</FONT></P></TD></TR>
<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD vAlign=top width=144>&nbsp;</TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>Comtech Telecommunications Corp.<BR>105 Baylis Road<BR>Melville, New York 11747<BR>Telephone:&nbsp;(631) 777-8900<BR>Attention: Ms. Gail Segui</FONT></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>
<TR>
<TD vAlign=top>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Any statement made in this prospectus or in a document incorporated or deemed to be incorporated by
reference in this prospectus will be deemed to be supplemented, modified or superseded for purposes
of this prospectus to the extent that a statement contained in this prospectus or in any subsequently
filed document that is also incorporated or is deemed to be incorporated by reference in this prospectus
supplements, modifies or supersedes such statement. Any such statement so modified or superseded
will be deemed not, except as so modified or superseded, to constitute a part of this prospectus.</FONT></P></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR vAlign=top>
<TD width="600"><BR>
<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>15</FONT></P>
<HR color=gray noShade SIZE=5>
</TD></TR></TABLE>
<P style="PAGE-BREAK-AFTER: always"></P><PAGE><BR>
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<TR>
  <TD><HR color=gray noShade SIZE=2></TD>
</TR>
<TR>
<TD>&nbsp;
<P align=center><FONT face="Times New Roman, Times, Serif" size=2><IMG height=54 src="image006.jpg" width=203></FONT></P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B>7,961</B></FONT></P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B>Common Stock</B></FONT></P>
<P align=center>&nbsp;</P>
<B> </B></TD></TR></TABLE>
<table width="600" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td><hr align="center" width="100" size=1 noshade></td>
  </tr>
  <tr>
    <td height="25" align="center"><FONT face="Times New Roman, Times, Serif" size=2>PROSPECTUS</FONT></td>
  </tr>
  <tr>
    <td><hr align="center" width="100" size=1 noshade></td>
  </tr>
  <tr>
    <td>
      <P align=center>&nbsp;</P>

      <P align=center><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; , 2005</FONT></P>
   </td>
  </tr>
  <tr>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><HR color=gray noShade SIZE=2></td>
  </tr>
</table>
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<TR vAlign=top>
<TD width="600"><BR>
<HR color=gray noShade SIZE=5>
</TD></TR></TABLE>
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<TD>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B>PART II</B></FONT></P>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B>INFORMATION NOT REQUIRED IN PROSPECTUS</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>Item 14. &nbsp;Other Expenses of Issuance and Distribution.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The expenses in connection with the issuance and distribution of the sale of the common stock being
registered under the prospectus are as follows (all amounts other than Securities and Exchange Commission
and NASD registration fees are estimated).</FONT></P></TD></TR>
<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR></TABLE>
<TABLE width="600" border="0" cellPadding="0" cellSpacing="0">
  <TR bgcolor="#eaf9e8">
    <TD width=10% vAlign=top bgcolor="#FFFFFF"><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">Securities and Exchange Commission registration fee</font></TD>
    <TD width=1% vAlign=top><font size="2" face="Times New Roman, Times, serif">$</font></TD>
    <TD width=10% align="right" vAlign=top><font size="2" face="Times New Roman, Times, serif">384 </font></TD>
    <TD width=2% align="right" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR>
    <TD vAlign=top bgcolor="#FFFFFF"><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">NASD registration fee</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="right" vAlign=top><font size="2" face="Times New Roman, Times, serif">1,000</font></TD>
    <TD align="right" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR bgcolor="#eaf9e8">
    <TD vAlign=top bgcolor="#FFFFFF"><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">Transfer agent&#146;s fees and expenses</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="right" vAlign=top><font size="2" face="Times New Roman, Times, serif">2,000</font></TD>
    <TD align="right" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR>
    <TD vAlign=top bgcolor="#FFFFFF"><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">Printing and engraving costs</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="right" vAlign=top><font size="2" face="Times New Roman, Times, serif">2,000</font></TD>
    <TD align="right" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR bgcolor="#eaf9e8">
    <TD vAlign=top bgcolor="#FFFFFF"><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">Accounting fees and expenses</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="right" vAlign=top><font size="2" face="Times New Roman, Times, serif">7,500</font></TD>
    <TD align="right" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR>
    <TD vAlign=top bgcolor="#FFFFFF"><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">Legal fees and expenses</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="right" vAlign=top><font size="2" face="Times New Roman, Times, serif">15,000</font></TD>
    <TD align="right" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR bgcolor="#eaf9e8">
    <TD vAlign=top bgcolor="#FFFFFF"><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">Miscellaneous</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD align="right" vAlign=top><font size="2" face="Times New Roman, Times, serif">116</font></TD>
    <TD align="right" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR>
    <TD colspan="5" vAlign=top><font size="1">&nbsp;&nbsp;</font></TD>
  </TR>
  <TR>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD colspan="2" vAlign=top><hr size=1 noshade>
    </TD>
    <TD align="right" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total</font></TD>
    <TD vAlign=top><FONT face="Times New Roman, Times, serif" size=2>$</FONT></TD>
    <TD align="right" vAlign=top><FONT face="Times New Roman, Times, serif" size=2>28,000</FONT></TD>
    <TD align="right" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD colspan="2" vAlign=top><hr size=2 noshade></TD>
    <TD align="right" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
</TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>
<TR>
<TD vAlign=top>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>Item 15. &nbsp;Indemnification of Directors and Officers.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>As permitted under Delaware law, Comtech Telecommunication Corp.&#146;s Certificate of Incorporation
contains a provision that eliminates the personal liability of the directors to it and its stockholders
for monetary damages for breaches of fiduciary duties as directors, except that such provision does
not apply to any breach that involves:</FONT></P></TD></TR>
<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>a breach of a director&#146;s duty of loyalty to Comtech;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>any acts or omission not in good faith or which involves intentional misconduct or a knowing violation
of law;</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>a transaction from which the director derives an improper personal benefit; or</FONT></TD></TR>
<TR>
<TD width="50" vAlign=top></TD>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR>
<TR>
<TD vAlign=top width=53></TD>
<TD vAlign=top width=24><FONT face="Times New Roman, Times, Serif" size=2>&#149;</FONT></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>the payment of dividends or the approval of stock repurchases or redemptions that are unlawful under
the Delaware General Corporation Law.</FONT></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>
<TR>
<TD vAlign=top>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Comtech Telecommunication Corp.&#146;s By-laws provide that it shall indemnify (a) any person who was
or is a party or is threatened to be made a party to any threatened, pending or completed action,
suit or proceeding, whether civil, criminal, administrative or investigative (other than an action
by or in the right of our company) by reason of the fact that he is or was one of Comtech&#146;s
directors, officers or employees, or is or was serving at Comtech&#146;s request as a director, officer
or employee of another corporation, partnership, joint venture, trust or other enterprise, against
expenses (including attorneys&#146; fees), judgments, fines and amounts paid in settlement, actually
and reasonably incurred by him in connection with such action, suit or proceeding, if he acted in
good faith and in a manner he reasonably believed to be in or not opposed to Comtech&#146;s best
interests, and, with respect to any criminal action or proceeding, had no reasonable cause to believe
his conduct was unlawful, and (b) any person who was or is a party or is threatened to be made a
party to any threatened, pending or completed action or suit by Comtech or in Comtech&#146;s name
to procure a judgment in its favor by reason of the fact that he is or was one of Comtech&#146;s
directors, officers or employees, or is or was serving at Comtech&#146;s request as a director, officer
or employee of another corporation, partnership, joint venture, trust or other enterprise, against
expenses (including attorneys&#146; fees) actually and reasonably incurred by him in connection with
the defense or settlement of such action or suit if he acted in good faith and in a manner he reasonably
believed to be in or not opposed to Comtech&#146;s best interests and except that no indemnification
shall be made in respect of any claim, issue or matter as to which such person shall have been adjudged
to be liable for negligence or misconduct in the performance of his duty to Comtech unless and only
to the extent that the Court of Chancery of Delaware or the court in which such action or suit was
brought shall determine upon application that, despite the adjudication of liability but in view of all the circumstances of the case, </FONT></P></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR vAlign=top>
<TD width="600"><BR>
<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>II - 1</FONT></P>
<HR color=gray noShade SIZE=5>
</TD></TR></TABLE>
<P style="PAGE-BREAK-AFTER: always"></P><PAGE><BR>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD>
<P><FONT face="Times New Roman, Times, Serif" size=2>such person is fairly and reasonably entitled to indemnity for such expenses which the Court of Chancery
or such other court shall deem proper.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Insofar as indemnification for liabilities arising under the Securities Act of 1933, as amended (the
&#147;Securities Act&#148;) may be permitted to directors, officers and controlling persons of Comtech
pursuant to the foregoing provisions, or otherwise, we have been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against public policy as expressed in
the Securities Act and is, therefore, unenforceable.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>Item 16. &nbsp;Exhibits and Financial Statement Schedules.</B></FONT></P></TD></TR>
<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR></TABLE>
<TABLE width="600" border="0" cellPadding="0" cellSpacing="0">
  <TR>
    <TD align="center"><font size="1" face="Times New Roman, Times, serif"><B>Exhibit Number</B></font></TD>
    <TD vAlign=bottom><font size="1" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=bottom><font size="1" face="Times New Roman, Times, serif"><B>Description of Exhibit</B></font></TD>
    <TD vAlign=bottom><font size="1" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=bottom><font size="1" face="Times New Roman, Times, serif"><B>Incorporated By</B> <B><br>
      Reference to Exhibit</B></font></TD>
  </TR>
  <TR>
    <TD vAlign=top><hr size=1 noshade></TD>
    <TD vAlign=top><font size="1" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><hr size=1 noshade></TD>
    <TD vAlign=top><font size="1" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><hr size=1 noshade></TD>
  </TR>
  <TR>
    <TD colspan="5" align="center" vAlign=top><font size="1">&nbsp;&nbsp;&nbsp;</font></TD>
  </TR>
  <TR>
    <TD width=8% align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">4(a)</font></TD>
    <TD width=3% vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top nowrap><font size="2" face="Times New Roman, Times, serif">Rights Agreement dated as of December 15, 1998<br>
      between the Registrant and American Stock <br>
      Transfer and Trust Company, as Rights Agent</font></TD>
    <TD width=3% vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD width=35% vAlign=top nowrap><font size="2" face="Times New Roman, Times, serif">Exhibit 4(1) to the Registrant&#146;s <BR>
      Form 8-A/A dated December 23, 1998</font></TD>
  </TR>
  <TR>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">5*</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">Legal Opinion of Proskauer Rose LLP</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">23(a)</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">Consent of KPMG LLP</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">23(b)*</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">Consent of Proskauer Rose LLP (contained in<br>
      Exhibit 5 to this registration statement)</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
  <TR>
    <TD align="center" vAlign=top><font size="2" face="Times New Roman, Times, serif">24*</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">Power of Attorney</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
  </TR>
</TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>
<TR>
<TD vAlign=top>
<P><FONT face="Times New Roman, Times, Serif" size=2>__________</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>*&nbsp; Previously filed.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2><B>Item 17. &nbsp;Undertakings.</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>The undersigned Registrant hereby undertakes:</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>(A)(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To file, during any period in which offers or sales are being made,
a post-effective amendment to this registration statement:</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)
To include any prospectus required by Section 10(a)(3) of the Securities Act;</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)
To reflect in the prospectus any facts or events arising after the effective date of the registration
statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate,
represent a fundamental change in the information set forth in the registration statement. Notwithstanding
the foregoing, any increase or decrease in volume of securities offered&nbsp;(if the total dollar
value of securities offered would not exceed that which was registered) and any deviation from the
low or high end of the estimated maximum offering range may be reflected in the form of prospectus
filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and
price represent no more than a 20% change in the maximum aggregate offering price set forth in the
&#147;Calculation of Registration Fee&#148; table in the effective registration statement; and</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)
To include any material information with respect to the plan of distribution not previously disclosed
in the registration statement or any material change to such information in the registration statement.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That, for the purpose of determining
any liability under the Securities Act, each such post-effective amendment shall be deemed to be
a new registration statement relating to the securities offered therein, and the offering of such
securities at that time shall be deemed to be the initial bona fide offering thereof.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To remove from registration by
means of a post-effective amendment any of the securities being registered which remain unsold at
the termination of the offering.</FONT></P></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR vAlign=top>
<TD width="600"><BR>
<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>II - 2 </FONT></P>
<HR color=gray noShade SIZE=5>
</TD></TR></TABLE>
<P style="PAGE-BREAK-AFTER: always"></P><PAGE><BR>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>(B)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar as indemnification for
liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and
controlling persons of the Registrant pursuant to the provisions described in Item 15 hereof or otherwise,
the Registrant has been advised that in the opinion of the Securities and Exchange Commission such
indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.
In the event that a claim for indemnification against such liabilities (other than the payment by
the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant
in the successful defense of any action, suit or proceeding) is asserted by such director, officer
or controlling person in connection with the securities being registered, the Registrant will, unless
in the opinion of counsel the matter has been settled by controlling precedent, submit to a court
of appropriate jurisdiction the question whether such indemnification by it is against public policy
as expressed in the Securities Act and will be governed by the final adjudication of such issue.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>(C)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For purposes of determining any
liability under the Securities Act of 1933, each filing of the Registrant&#146;s annual report pursuant
to Section&nbsp;13(a)&nbsp;or Section&nbsp;15(d) of the Securities Exchange Act of 1934. (and, where
applicable, each filing of an employee benefit plan&#146;s annual report pursuant to Section&nbsp;15(d)
of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement
shall be deemed to be a new registration statement relating to the securities offered therein, and
the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>(D)(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;That, for purposes of determining any liability under the
Securities Act of 1933, the information omitted from the form of prospectus filed as part of this
registration statement in reliance upon Rule 430A and contained in a form of prospectus filed by
the Registrant pursuant to Rule 424(b)(1) or (4) or 497(h) under the Securities Act shall be deemed
to be part of this registration statement as of the time it was declared effective.</FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For the purpose of determining
any liability under the Securities Act of 1933, each post-effective amendment that contains a form
of prospectus shall be deemed to be a new registration statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.</FONT></P></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR vAlign=top>
<TD width="600"><BR>
<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>II - 3 </FONT></P>
<HR color=gray noShade SIZE=5>
</TD></TR></TABLE>
<P style="PAGE-BREAK-AFTER: always"></P><PAGE><BR>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

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<TD>
<P align=center><FONT face="Times New Roman, Times, Serif" size=2><B>SIGNATURES</B></FONT></P>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Pursuant to the requirements of the Securities Act, the Registrant certifies that it has reasonable
grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly authorized
this Pre-Effective Amendment No. 2 to Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Melville and State of New York, on the 8th day of June,
2005.</FONT></P></TD></TR>
<TR>
  <TD vAlign=top>&nbsp;</TD>
</TR>
<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD vAlign=top width=288></TD>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2><B>COMTECH TELECOMMUNICATIONS CORP.</B></FONT></TD></TR>
<TR>
<TD vAlign=top></TD>
<TD vAlign=top>&nbsp;</TD></TR></TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">
  <TR>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><FONT face="Times New Roman, Times, serif" size=2>By</FONT></TD>
    <TD vAlign=top><FONT face="Times New Roman, Times, serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;/s/ Fred Kornberg</FONT></TD>
  </TR>
  <TR>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><hr size=1 noshade></TD>
  </TR>
  <TR>
    <TD vAlign=top width=288><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top width=24><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></TD>
    <TD vAlign=top><FONT face="Times New Roman, Times, serif" size=2> Fred Kornberg<BR>
      Chairman of the Board, Chief Executive Officer<BR>
      and President</FONT></TD>
  </TR>
</TABLE>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;</FONT></TD></TR>
<TR>
<TD vAlign=top>
<P><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT face="Times New Roman, Times, Serif" size=2>Pursuant to the requirements of the Securities Act, this Pre-Effective Amendment No. 2 to Registration
Statement has been signed by the following persons in their respective capacities and on the respective
dates set forth opposite their names. </FONT></P></TD></TR>
<TR>
<TD vAlign=top><FONT face="Times New Roman, Times, Serif" size=2>&nbsp;&nbsp;</FONT></TD>
</TR></TABLE>
<table width="600" border="0" cellpadding="0" cellspacing="0">
  <tr align="center" valign="bottom">
    <td><font face="Times New Roman, Times, serif" size=1><b>Signature</b></font></td>
    <td><font size="1">&nbsp;</font></td>
    <td><font face="Times New Roman, Times, serif" size=1><b>Capacity</b></font></td>
    <td><font size="1">&nbsp;</font></td>
    <td><font face="Times New Roman, Times, serif" size=1><b>Date</b></font></td>
  </tr>
  <tr>
    <td valign=top>
      <hr size=1 noshade>
    </td>
    <td valign=top>&nbsp;</td>
    <td valign=top>
      <hr size=1 noshade>
    </td>
    <td valign=top>&nbsp;</td>
    <td valign=top>
      <hr size=1 noshade>
    </td>
  </tr>
  <tr>
    <td align="center" valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td valign=top nowrap>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td align="center" valign=top nowrap>&nbsp;</td>
  </tr>
  <tr>
    <td align="center" valign=bottom><font size="2" face="Times New Roman, Times, serif">/s/
      Fred Kornberg</font></td>
    <td valign=top>&nbsp;</td>
    <td valign=bottom nowrap><font size="2" face="Times New Roman, Times, serif">Chairman
      of the Board, Chief </font></td>
    <td valign=top>&nbsp;</td>
    <td align="center" valign=top nowrap><font size="2" face="Times New Roman, Times, serif">June
      8, 2005</font></td>
  </tr>
  <tr>
    <td align="center" valign=top>
      <hr width="100" size=1 noshade>
    </td>
    <td valign=top><font size="1" face="Times New Roman, Times, serif">&nbsp;</font></td>
    <td rowspan="2" valign=top nowrap><font size="2" face="Times New Roman, Times, serif">Executive
      Officer and President<br>
      (Principal Executive Officer)</font></td>
    <td width="3%" rowspan="2" valign=top><font size="1" face="Times New Roman, Times, serif">&nbsp;</font></td>
    <td width="18%" rowspan="2" align="center" valign=top nowrap><font size="1" face="Times New Roman, Times, serif">&nbsp;</font></td>
  </tr>
  <tr>
    <td width=30% align="center" valign=top><font size="2" face="Times New Roman, Times, serif"><u>
      </u>Fred Kornberg</font></td>
    <td width=3% valign=top>&nbsp;</td>
  </tr>
  <tr>
    <td align="center" valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td align="center" valign=top>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td align="center"><font size="2" face="Times New Roman, Times, serif">/s/
      Robert G. Rouse</font></td>
    <td>&nbsp;</td>
    <td><font size="2" face="Times New Roman, Times, serif">Executive Vice President
      and Chief</font></td>
    <td>&nbsp;</td>
    <td align="center"><font size="2" face="Times New Roman, Times, serif">June
      8, 2005</font></td>
  </tr>
  <tr>
    <td align="center" valign=top>
      <hr width="100" size=1 noshade>
    </td>
    <td valign=top><font size="1">&nbsp;</font></td>
    <td rowspan="2" valign=top><font size="2" face="Times New Roman, Times, serif">
      Financial Officer <br>
      (Principal Financial and Accounting<br>
      Officer)</font></td>
    <td rowspan="2" valign=top>&nbsp;</td>
    <td rowspan="2" align="center" valign=top>&nbsp;</td>
  </tr>
  <tr>
    <td align="center" valign=top><font size="2" face="Times New Roman, Times, serif"><u>
      </u>Robert G. Rouse</font></td>
    <td valign=top>&nbsp;</td>
  </tr>
  <tr>
    <td align="center" valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td align="center" valign=top>&nbsp;</td>
  </tr>
  <tr>
    <td align="center" valign=top><font size="2" face="Times New Roman, Times, serif"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      *&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      <br>
      </u>George Bugliarello</font></td>
    <td valign=top>&nbsp;</td>
    <td valign=top><font size="2" face="Times New Roman, Times, serif">Director</font></td>
    <td valign=top>&nbsp;</td>
    <td align="center" valign=top><font size="2" face="Times New Roman, Times, serif">June
      8, 2005</font></td>
  </tr>
  <tr>
    <td align="center" valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td align="center" valign=top>&nbsp;</td>
  </tr>
  <tr>
    <td align="center" valign=top><font size="2" face="Times New Roman, Times, serif"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      *&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      <br>
      </u>Richard L. Goldberg</font></td>
    <td valign=top>&nbsp;</td>
    <td valign=top><font size="2" face="Times New Roman, Times, serif">Director</font></td>
    <td valign=top>&nbsp;</td>
    <td align="center" valign=top><font size="2" face="Times New Roman, Times, serif">June
      8, 2005</font></td>
  </tr>
  <tr>
    <td align="center" valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td align="center" valign=top>&nbsp;</td>
  </tr>
  <tr>
    <td align="center" valign=top><font size="2" face="Times New Roman, Times, serif"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      *&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      <br>
      </u>Edwin Kantor</font></td>
    <td valign=top>&nbsp;</td>
    <td valign=top><font size="2" face="Times New Roman, Times, serif">Director</font></td>
    <td valign=top>&nbsp;</td>
    <td align="center" valign=top><font size="2" face="Times New Roman, Times, serif">June
      8, 2005</font></td>
  </tr>
  <tr>
    <td align="center" valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td align="center" valign=top>&nbsp;</td>
  </tr>
  <tr>
    <td align="center" valign=top><font size="2" face="Times New Roman, Times, serif"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      *&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      <br>
      </u>Ira Kaplan</font></td>
    <td valign=top>&nbsp;</td>
    <td valign=top><font size="2" face="Times New Roman, Times, serif">Director</font></td>
    <td valign=top>&nbsp;</td>
    <td align="center" valign=top><font size="2" face="Times New Roman, Times, serif">June
      8, 2005</font></td>
  </tr>
  <tr>
    <td align="center" valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td valign=top>&nbsp;</td>
    <td align="center" valign=top>&nbsp;</td>
  </tr>
  <tr>
    <td align="center" valign=top><font size="2" face="Times New Roman, Times, serif"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      *&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      <br>
      </u>Gerard R. Nocita</font></td>
    <td valign=top>&nbsp;</td>
    <td valign=top><font size="2" face="Times New Roman, Times, serif">Director</font></td>
    <td valign=top>&nbsp;</td>
    <td align="center" valign=top><font size="2" face="Times New Roman, Times, serif">June
      8, 2005</font></td>
  </tr>
  <tr>
    <td align="center" valign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></td>
    <td valign=top></td>
    <td valign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></td>
    <td valign=top></td>
    <td valign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></td>
  </tr>
  <tr>
    <td align="center" valign=bottom nowrap><font size="2" face="Times New Roman, Times, serif">*By:&nbsp;
      /s/ Robert G. Rouse</font></td>
    <td valign=top></td>
    <td valign=top>&nbsp;</td>
    <td valign=top></td>
    <td valign=top>&nbsp;</td>
  </tr>
  <tr>
    <td align="center" valign=top nowrap>
      <hr width="100" size=1 noshade>
    </td>
    <td valign=top><font size="1" face="Times New Roman, Times, serif">&nbsp;</font></td>
    <td valign=top><font size="1" face="Times New Roman, Times, serif">&nbsp;</font></td>
    <td valign=top><font size="1" face="Times New Roman, Times, serif">&nbsp;</font></td>
    <td valign=top><font size="1" face="Times New Roman, Times, serif">&nbsp;</font></td>
  </tr>
  <tr>
    <td align="center" valign=top nowrap><font size="2" face="Times New Roman, Times, serif"><u>
      </u>Robert G. Rouse <br>
      <br>
      Attorney-in-Fact</font></td>
    <td valign=top></td>
    <td valign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></td>
    <td valign=top></td>
    <td valign=top><font size="2" face="Times New Roman, Times, serif">&nbsp;</font></td>
  </tr>
</table>
<TABLE cellSpacing="0" cellPadding="0" width="600" border="0">

<TR vAlign=top>
<TD width="600"><BR>
<P align=center><FONT face="TIMES NEW ROMAN, TIMES, SERIF" size=2>II - 4</FONT></P>
<HR color=gray noShade SIZE=5>
</TD></TR></TABLE>
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<p style=' margin-bottom:0pt; margin-top:0pt;text-align:right;'><b><font size=2>Exhibit 23(a)</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;<img src="ltrhead.gif" width="143" height="86"></font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:center;'><b><font size=2>Consent of Independent Registered Public Accounting Firm</font></b></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>To the Board of Directors</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Comtech Telecommunications Corp.:</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:justify;'><font size=2>We consent to the use of our report dated September 21, 2004 with respect to the consolidated balance sheets of Comtech Telecommunications Corp. and subsidiaries as of July 31, 2004 and 2003, and the related consolidated statements of operations, stockholders&#146; equity and cash flows for each of the years in the three-year period ended July 31, 2004 and the related consolidated financial statement schedule, which report appears in the Company&#146;s July 31, 2004 Annual Report on Form 10-K and is incorporated by reference herein, and to the reference to our firm under the heading &#147;Experts&#148; in this registration statement.</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;<img src="kpmg.gif" width="154" height="46" align="right"></font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>&nbsp;</p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'>&nbsp;</p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>Melville, New York</font></p>
<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>June 7, 2005</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>

<p style=' margin-bottom:0pt; margin-top:0pt;text-align:left;'><font size=2>&nbsp;</font></p>


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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
