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Research – Comtech (CMTL) – Analysis of new contract and acquisition

Aerospace and Defense
0 min read

Tuesday, April 30, 2019

Comtech Telecommunications (CMTL)

What Will the New Contract and Acquisition Mean?

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. 

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to full report for price target, fundamental analysis and rating. 

  • Awarded New Contract. Comtech
    announced yesterday that it has been awarded a five-year contract valued in
    excess of $100 million to develop, implement, and operate a Next-Generation 911
    emergency communications system for a Northeastern state. We believe the state
    to be Massachusetts where General Dynamics had a major contract. 
  • Acquires NG-911 Business. In
    conjunction with the award, Comtech also announced the acquisition of the state
    and local government NG-911 business from General Dynamics. Coming on the heels
    of the Solacom acqui…







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*Analyst
certification and important disclosures included in 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.
 

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