Movers and SHAKERS
Add Arizona to the NG911 Client List
Comtech Telecommunications Corp. engages in the design, development, production, and marketing of products, systems, and services for advanced communications solutions in the United States and internationally. It operates in three segments: Telecommunications Transmission, Mobile Data Communications, and RF Microwave Amplifiers. The Telecommunications Transmission segment provides satellite earth station equipment and systems, over-the-horizon microwave systems, and forward error correction technology, which are used in various commercial and government applications, including backhaul of wireless and cellular traffic, broadcasting (including HDTV), IP-based communications traffic, long distance telephony, and secure defense applications. The Mobile Data Communications segment provides mobile satellite transceivers, and computers and satellite earth station network gateways and associated installation, training, and maintenance services; supplies and operates satellite packet data networks, including arranging and providing satellite capacity; and offers microsatellites and related components. The RF Microwave Amplifiers segment designs, develops, manufactures, and markets satellite earth station traveling wave tube amplifiers (TWTA) and broadband amplifiers. Its amplifiers are used in broadcast and broadband satellite communication; defense applications, such as telecommunications systems and electronic warfare systems; and commercial applications comprising oncology treatment systems, as well as to amplify signals carrying voice, video, or data for air-to-satellite-to-ground communications. The company serves satellite systems integrators, wireless and other communication service providers, broadcasters, defense contractors, military, governments, and oil companies. Comtech markets its products through independent representatives and value-added resellers. The company was founded in 1967 and is headquartered in Melville, New York.
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Arizona Award. Comtech has been awarded a $35.8 million contract to deploy NG911 technologies and services to the state of Arizona. The contract includes implementing Comtech's NG911 solutions to provide citizens with advanced communication capabilities when calling for emergency services including police, fire, and emergency medical services. The contract can be broken down to $23.5 million, with $12.3 million related to a multi-year extension option.
Frost & Sullivan Award. Comtech was recognized by Frost & Sullivan for registering the most significant y-o-y market share increase among all NG911 primary contract holders. F&S puts Comtech's market share at 26.2% in 2020, up from 17.3% in 2019. By closing statewide contracts in Pennsylvania, Ohio, South Carolina, and now Arizona, Comtech's direct NG911 contracts now represent a population of over ...
This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.