Comtech

Comtech designs, develops, manufactures and markets communications products and systems for the commercial and government sectors. Read more

Fred Kornberg's photo - Chairman & CEO of Comtech

Chairman & CEO

Fred Kornberg

CEO Approval Rating

88/100

Founded:

1967

Status:

PublicIndependent CompanyNASDAQCMTL

COMTECH TOP COMPETITORS OR ALTERNATIVES

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COMPANY

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CEO RATING

EMPLOYEES

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ACTIA Group is Comtech's top competitor. ACTIA Group was founded in 1986 in Elkhart, Indiana. ACTIA Group competes in the Electrical & Electronics goods field. ACTIA Group generates $ less revenue than Comtech.

CalAmp is perceived as one of Comtech's biggest rivals. CalAmp's headquarters is in Irvine, California, and was founded in 1981. CalAmp is in the Systems Software industry. CalAmp generates 53% of Comtech's revenue.

Aethercomm is one of Comtech's top competitors. Aethercomm is a Private company that was founded in Carlsbad, California in 1999. Aethercomm operates in the Technology Hardware industry. Aethercomm has 1,883 fewer employees vs. Comtech.

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Comtech Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$581.3M

Comtech's revenue is the ranked 2nd among it's top 10 competitors. The top 10 competitors average 305.7M. Over the last four quarters, Comtech's revenue has decreased by 6.9%. Specifically, in Q2 2021's revenue was $139.4M; in Q1 2021, it was $161.3M; in Q4 2020, it was $135.2M; in Q3 2020, Comtech's revenue was $149.7M.

Comtech Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

NG-911, Inc.

May 2020

Source »
undisclosed
-
UHP Networks, Inc.

Nov 2019

Source »
$38M
UHP Networks develops, manufactures and markets satellite networking equipment for residential and commercial sectors.

-

Next Generation 911 Business, General Dynamics

Apr 2019

Source »
undisclosed
-
Solacom Technologies

Jan 2019

Source »
$33M
Solacom is a provider of call handling and emergency communication management solutions for the public and private companies.

-

Verso Technologies

Jun 2015

Source »
undisclosed
-

These are all the companies that Comtech has acquired. Comtech has acquired 6 companies and its latest acquisition was NG-911, Inc. in May 2020.

Comtech Funding History

Since Comtech was founded in 1967, it has participated in 1 round of funding. In total Comtech has raised $800.0M. Comtech's funding round was on Feb 2020 for a total of $800.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Feb 2020
$800M

Citibank, N.A

Since Comtech was founded in 1967, it has participated in 1 round of funding. In total Comtech has raised $800.0M. Comtech's funding round was on Feb 2020 for a total of $800.0M

Comtech Investments

No recent investments found related to Comtech

These are all the companies that Comtech has invested in. Comtech has invested 6 companies and its latest investment was NG-911, Inc. in May 2020.

Comtech News

June 9, 2021Telecompaper

Comtech wins first international 5G location services contract from tier-1 carrier

(Telecompaper) Comtech Telecommunications announced its Location Technologies group, a division of Co... See more »
June 8, 2021Markets Insider

Comtech Telecom Q3 Revenues Miss Street, Cuts FY Outlook; Shares Down 8%

(RTTNews) - Shares of Comtech Telecommunications Corp. (CMTL) slipped nearly 8% in extended trading h... See more »
May 19, 2021Semiconductor Today

Comtech awarded $1m follow-on contract for Ka-band airborne SSPA/BUC

Comtech Telecommunications Corp of Melville, NY, USA says that, during its fiscal third-quarter 2021,... See more »
May 17, 2021Satnews

Comtech Xicom's TWTAs Receive Contract For U.S. Military Comms System

Comtech Telecommunications Corp. (NASDAQ: CMTL) has announced that their Santa Clara, California-base... See more »
May 15, 2021Satnews

Comtech Xicom's Q/V-Band TWTAs Deliver Millions With High-Speed Net Order

Comtech Telecommunications Corp. (NASDAQ: CMTL) announced that ,during the company's Q3 of fiscal 202... See more »
May 11, 2021Executive Gov

Comtech Telecommunications Corp. Awarded $2.0 Million Contract for 500W Ka-band Gateway Amplifiers

Comtech Telecommunications Corp. (NASDAQ: CMTL), a world leader in secure wireless communications tec... See more »

Comtech Press Releases

May 19, 2021Business Wire

Comtech Telecommunications Corp. Awarded Order to Provide Rugged Baseband Equipment

MELVILLE, N.Y.--(BUSINESS WIRE)--May 19, 2021 -- Comtech Telecommunications Corp. (NASDAQ: CMTL), a w... See more »
May 4, 2021Business Wire

Comtech Telecommunications Corp. Awarded $6.5 Million of Funding for Cyber Training Solutions

MELVILLE, N.Y.--(BUSINESS WIRE)--May 4, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL), a wor... See more »
March 31, 2021Business Wire

Comtech Telecommunications Corp. Expands Satellite Modem Product Line

MELVILLE, N.Y.--(BUSINESS WIRE)--March 31, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) ann... See more »
March 11, 2021Business Wire

Comtech Telecommunications Corp. Announces Results for Its Fiscal 2021 Second Quarter and Updates Its Financial Targets for Fiscal 2021

MELVILLE, N.Y.--(BUSINESS WIRE)--March 11, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) tod... See more »
February 11, 2021Business Wire

Comtech Telecommunications Corp. to Present at Citi's 2021 Global Industrials Virtual Conference

MELVILLE, N.Y.--(BUSINESS WIRE)--February 10, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) ... See more »
January 19, 2021Business Wire

Comtech Awarded Toronto Police Contract Valued at $2.9 Million for Next Generation 911

MELVILLE, N.Y.--(BUSINESS WIRE)--January 19, 2021--Comtech Telecommunications Corp. (NASDAQ: CMTL) an... See more »
January 16, 2021StreetInsider

Comtech Telecommunications Corp. to Participate in NobleCon17 Virtual Investor Conference

MELVILLE, N.Y.--(BUSINESS WIRE)-- January 15, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) ... See more »

Social Media

Comtech Headquarters

68 South Service Road

Melville, New York11747

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Comtech Summary

ABOUT

Overview

Comtech designs, develops, manufactures and markets communications products and systems for the commercial and government sectors. Comtech was founded in 1967. Comtech's headquarters is located in Melville, New York, USA 11747. It has raised 800.0M in...

CEO

Comtech's Chairman & CEO, Fred Kornberg, currently has an approval rating of 88%. Comtech's primary competitors are ACTIA Group, CalAmp & Aethercomm.

Frequently Asked Questions about Comtech

  1. When was Comtech founded?

    Comtech was founded in 1967
  2. Who is Comtech's CEO?

    Comtech's CEO is Fred Kornberg
  3. How much revenue does Comtech generate?

    Comtech generates $581.3M in revenue
  4. How much funding does Comtech have?

    Comtech has historically raised $800M in funding
  1. Where is Comtech's headquarters?

    Comtech's headquarters is in Melville New York, USA
  2. How many employees does Comtech have?

    Comtech has 2,013 employees
  3. What sector does Comtech operate in?

    Comtech is in Telecommunications Equipment
  4. Who are Comtech's competitors?

    Comtech's top competitors are ACTIA Group, CalAmp, Aethercomm