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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Comtech Telecomm. Corp.    CMTL

COMTECH TELECOMM. CORP.

(CMTL)
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Comtech Telecomm : wins contract to supply satellite modems for USAF programme

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01/12/2019 | 04:39am EDT

Comtech Telecommunications Arizona-based subsidiary Comtech EF Data has secured a contract from an undisclosed defence contractor to supply equipment that will be deployed to support a US Air Force (USAF) programme.

The order is valued at $1m and requires the subsidiary Comtech EF Data to supply latest generation modem board set, DMD1050TS L-band satellite modem board, designed for critical government and military applications.

The companys modem board set complies with several US Government and commercial standards, including MIL-STD-188-165A, Stanag 4486 Edition 3 (EBEM), and the IESS315 at data rates up to 37Mbps.

According to the company, the product has completed the first phase of Army Forces Strategic Command (ARSTRAT) WGS certification and is set to undergo final Joint SATCOM Engineering Center (JSEC) evaluation.

Comtech Telecommunications president and CEO Fred Kornberg said: We are honoured to support the US Air Forces programme with our latest generation satellite modem board, which is ideally suited for at-the-pause, on-the-move, flyaway and integrated satellite terminal applications.

The DMD1050TS features FIPS certified TRANSEC on a compact PCB daughter board.

The availability of multiple integrated hardware and software options will enable the user to integrate the modem on different platforms. The options also support the creation of an upgrade path for future networks.

Users can purchase options with the product or upgrade in the field through the web browser or terminal port.

Comtech EF Data supplies communications equipment to support satellite bandwidth efficiency and link optimisation.

The companys satellite communications ground equipment supports mission-critical and demanding applications for government, mobile backhaul, premium enterprise and mobility.

(c) 2019, The Daily Star. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2019 655 M
EBIT 2019 40,3 M
Net income 2019 28,6 M
Debt 2019 -
Yield 2019 1,89%
P/E ratio 2019 18,13
P/E ratio 2020 15,82
Capi. / Sales 2019 0,78x
Capi. / Sales 2020 0,76x
Capitalization 511 M
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Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 33,2 $
Spread / Average Target 57%
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Managers
NameTitle
Fred Kornberg Chairman, President & Chief Executive Officer
Michael D. Porcelain Chief Operating Officer
Michael Bondi Chief Financial Officer
Robert G. Paul Independent Director
Ira S. Kaplan Independent Director
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