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MICROSOFT CORPORATION

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Microsoft : Gets U.S. Defense Contract With Estimated $1.76 Billion Value

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01/11/2019 | 05:58pm EDT

By Josh Beckerman

The U.S. Navy has awarded Microsoft Corp. (MSFT) a contract with an estimated value of $1.76 billion and a five-year ordering period.

The Department of Defense said Friday that Microsoft will provide services including product engineering services for software developers and product teams. It will also provide "premier support for tools, knowledge database, problem resolution assistance, and custom changes to Microsoft source-code when applicable."

Microsoft will work with the Department of Defense, Navy, Coast Guard and intelligence community.

Write to Josh Beckerman at josh.beckerman@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
MICROSOFT CORPORATION 0.15% 136.62 Delayed Quote.34.51%
VALUE8 2.51% 5.72 Delayed Quote.20.68%
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Financials (USD)
Sales 2020 140 B
EBIT 2020 48 058 M
Net income 2020 40 347 M
Finance 2020 69 587 M
Yield 2020 1,44%
P/E ratio 2020 26,1x
P/E ratio 2021 23,1x
EV / Sales2020 6,98x
EV / Sales2021 6,19x
Capitalization 1 044 B
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Mean consensus BUY
Number of Analysts 35
Average target price 152,24  $
Last Close Price 136,62  $
Spread / Highest target 19,3%
Spread / Average Target 11,4%
Spread / Lowest Target -31,9%
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Managers
NameTitle
Satya Nadella Chief Executive Officer & Director
Bradford L. Smith President & Chief Legal Officer
John Wendell Thompson Independent Chairman
Jean-Philippe Courtois President-Global Sales, Marketing & Operations
Amy E. Hood Chief Financial Officer & Executive Vice President
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