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COMCAST CORPORATION

(CMCS.A)
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Comcast Wins 2 Contracts From U.S. Defense Information Systems Agency

07/13/2021 | 08:38am EDT

By Chris Wack

Comcast Corp. said its Comcast Government Services division has been awarded two additional multimillion dollar contracts by the U.S. Defense Information Systems Agency as part of the agency's effort to replace legacy circuits across the country with Ethernet-based services.

The company said the contracts represent $84.2 million and $71.6 million up to ten years. Comcast has now won four of the seven Commercial Ethernet Gateway regions for a total of more than $267 million. The Company was awarded a contract in June, and one in March 2020.

DISA provides, operates, and assures information-sharing capabilities, command and control solutions and a global enterprise infrastructure to support the Department of Defense and national-level leadership. The agency is in a multiphase initiative to replace 17,000 point-to-point public switched telephone circuits with Ethernet-based services across the continental U.S. to enhance connectivity, improve network performance and reduce overall telecommunications costs.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

07-13-21 1038ET

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Analyst Recommendations on COMCAST CORPORATION
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Financials (USD)
Sales 2021 115 B - -
Net income 2021 13 360 M - -
Net Debt 2021 88 521 M - -
P/E ratio 2021 19,7x
Yield 2021 1,76%
Capitalization 259 B 259 B -
EV / Sales 2021 3,02x
EV / Sales 2022 2,79x
Nbr of Employees 168 000
Free-Float 83,2%
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Mean consensus BUY
Number of Analysts 35
Last Close Price 56,49 $
Average target price 66,68 $
Spread / Average Target 18,0%
EPS Revisions
Managers and Directors
Brian L. Roberts Chairman, President & Chief Executive Officer
Michael J. Cavanagh Chief Financial Officer
Jeff Votaw Vice President-Engineering
Candy Lawson Chief Compliance Officer & Senior Vice President
Karen Dougherty Buchholz Executive Vice President-Administration
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