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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 | 06:58pm 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

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Financials ($)
Sales 2019 124 B
EBIT 2019 40 546 M
Net income 2019 34 246 M
Finance 2019 58 111 M
Yield 2019 1,53%
P/E ratio 2019 26,46
P/E ratio 2020 23,41
EV / Sales 2019 6,77x
EV / Sales 2020 6,07x
Capitalization 898 B
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Number of Analysts 35
Average target price 126 $
Spread / Average Target 8,0%
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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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