{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-18T17:18:34.543697+00:00","company":{"ticker":"CMTL","cik":23197,"company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/"},"pagination":{"limit":100,"returned":45,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). 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(the “Company”), notified the Company of his intention to resign from the Company’s Board of Directors (the “Board”), with Mr. Crawford’s appointment as president and Chief Executive Officer of AFCEA International.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000023197-26-000073","anchor_url":"https://secwatch.observer/filing/0000023197-26-000073#claim-b8f5cf97cf","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/23197/000002319726000073/0000023197-26-000073-index.htm"},{"fact_type":"material_agreement","fact_key":"ab934d24cf78f06e882cc8ef384a271fcbe3c02f","cik":23197,"ticker":"CMTL","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2026-06-15T12:51:49+00:00","payload":{"action":"entry","agreement_name":"Securities Purchase Agreement","agreement_type":"asset_purchase","counterparty":"Wavestream Corporation","effective_date":"2026-06-14","item_codes_triggered":["1.01","1.02"],"value_text":"$157,500,000 base purchase price in cash; $10,000,000 Advance Payment payable upon execution"},"claim":"COMTECH TELECOMMUNICATIONS CORP /DE/ entered into Securities Purchase Agreement with Wavestream Corporation valued at $157,500,000 base purchase price in cash; $10,000,000 Advance Payment payable upon execution (effective 2026-06-14).","evidence_excerpt":"On June 14, 2026, Comtech Telecommunications Corp. (“Comtech” or the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”), by and among Comtech, certain direct or indirect subsidiaries of Comtech named therein and Wavestream Corporation (the “Buyer”), a Delaware corporation and an affiliate of Gilat Satellite Networks Ltd (the “Buyer Parent”), a company incorporated under the laws of the State of Israel.","confidence":0.98,"filing_url":"https://secwatch.observer/filing/0001104659-26-073803","anchor_url":"https://secwatch.observer/filing/0001104659-26-073803#claim-ab934d24cf78f06e882cc8ef384a271fcbe3c02f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/23197/000110465926073803/0001104659-26-073803-index.htm"},{"fact_type":"earnings_release","fact_key":"6b77fbe3611be83e0b41c331bc1c9d78c10e87f1","cik":23197,"ticker":"CMTL","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2026-06-15T12:01:52+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"net loss attributable to common shareholders of $14.3 million","period_text":"third quarter ended April 30, 2026","report_date":"2026-06-15","result_type":"reported_results","revenue_text":"$106.0 million"},"claim":"COMTECH TELECOMMUNICATIONS CORP /DE/ reported third quarter ended April 30, 2026 results: revenue $106.0 million, net income net loss attributable to common shareholders of $14.3 million.","evidence_excerpt":"and passion that is driving these significant achievements. 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(“Comtech” or the “Company”) terminated Ken Peterman as President and Chief Executive Officer of the Company for cause due to conduct unrelated to Comtech’s business strategy, financial results or previously filed financial statements.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000950142-24-000665","anchor_url":"https://secwatch.observer/filing/0000950142-24-000665#claim-0aa09c1c3c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/23197/000095014224000665/0000950142-24-000665-index.htm"},{"fact_type":"governance_change","fact_key":"ae62ae836c3736f5aab9b5374501aabb47d084b6","cik":23197,"ticker":"CMTL","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2024-01-23T23:59:59+00:00","payload":{"change_type":"charter_amendment","effective_date":"2024-01-22","item_codes_triggered":["5.03"],"summary_text":"Filed Certificate of Designations to establish terms of Series B Convertible Preferred Stock."},"claim":"COMTECH TELECOMMUNICATIONS CORP /DE/: Filed Certificate of Designations to establish terms of Series B Convertible Preferred Stock (effective 2024-01-22).","evidence_excerpt":"On January 22, 2024, the Company filed the Certificate of Designations with the Secretary of State of the State of Delaware to establish the terms, rights, obligations and preferences of the Series B Convertible Preferred Stock.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-24-000204","anchor_url":"https://secwatch.observer/filing/0000950142-24-000204#claim-ae62ae836c3736f5aab9b5374501aabb47d084b6","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/23197/000095014224000204/0000950142-24-000204-index.htm"},{"fact_type":"material_agreement","fact_key":"fd96b59bcf296b9eaade910fb9a8957294bbb43b","cik":23197,"ticker":"CMTL","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2024-01-23T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Subscription and Exchange Agreement","agreement_type":"equity_purchase","counterparty":"certain affiliates and related funds of Magnetar and White Hat Capital Partners LP","effective_date":"2024-01-22","item_codes_triggered":["1.01"],"value_text":"$45,000,000"},"claim":"COMTECH TELECOMMUNICATIONS CORP /DE/ entered into Subscription and Exchange Agreement with certain affiliates and related funds of Magnetar and White Hat Capital Partners LP valued at $45,000,000 (effective 2024-01-22).","evidence_excerpt":"On January 22, 2024, Comtech Telecommunications Corp., a Delaware corporation (the “Company”), entered into a Subscription and Exchange Agreement (the “Subscription and Exchange Agreement”) with certain affiliates and related funds of Magnetar and White Hat Capital Partners LP (each, an “Investor” and collectively, the “Investors”), relating to (i) the issuance and sale of 45,000 shares of a new series of the Company’s Series B Convertible Preferred Stock, par value $0.10 per share, titled the “Series B Convertible Preferred Stock” (the “Series B Convertible Preferred Stock”), for an aggregate purchase price of $45,000,000, or $1,000 per share (the “Primary Issuance”), (ii) the exchange of 100,000 shares of the Company’s Series A-1 Convertible Preferred Stock, par value $0.10 per share (the “Series A-1 Convertible Preferred Stock), for 115,721.22 shares of Series B Convertible Preferred Stock (the “Exchange”) and (iii) the issuance to the Investors of 5,400 shares of Series B Convertib","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-24-000204","anchor_url":"https://secwatch.observer/filing/0000950142-24-000204#claim-fd96b59bcf296b9eaade910fb9a8957294bbb43b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/23197/000095014224000204/0000950142-24-000204-index.htm"},{"fact_type":"shareholder_vote","fact_key":"5969096f327e5d1ad4149288b4cf92eb67308a1c","cik":23197,"ticker":"CMTL","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2023-12-22T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-12-14","outcome":"passed","proposal_text":"Approval of the Comtech Telecommunications Corp. 2023 Equity and Incentive Plan","proposal_type":"equity_plan","results":[{"broker_non_votes":"2,694,117","subject":null,"votes_abstain":"13,549","votes_against":"898,200","votes_for":"22,465,922 or 96.2%","votes_withheld":null}]},"claim":"COMTECH TELECOMMUNICATIONS CORP /DE/ shareholders approved Approval of the Comtech Telecommunications Corp. 2023 Equity and Incentive Plan at the 2023-12-14 meeting.","evidence_excerpt":"Proposal No. 5 - Approval of the Comtech Telecommunications Corp. 2023 Equity and Incentive Plan (the \"2023 Plan\"). The 2023 Plan was approved at the Annual Meeting by the following votes: For Against Abstain Broker Non-Votes 22,465,922 or 96.2% 898,200 13,549 2,694,117","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0000023197-23-000084","anchor_url":"https://secwatch.observer/filing/0000023197-23-000084#claim-5969096f327e5d1ad4149288b4cf92eb67308a1c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/23197/000002319723000084/0000023197-23-000084-index.htm"},{"fact_type":"shareholder_vote","fact_key":"e8ac77273abc91cd13c4f300741e7de083ed05e0","cik":23197,"ticker":"CMTL","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2023-12-22T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-12-14","outcome":"passed","proposal_text":"Ratification of the Selection of Independent Registered Public Accounting Firm","proposal_type":"auditor_ratification","results":[{"broker_non_votes":"—","subject":null,"votes_abstain":"11,500","votes_against":"81,128","votes_for":"25,979,160 or 99.7%","votes_withheld":null}]},"claim":"COMTECH TELECOMMUNICATIONS CORP /DE/ shareholders approved Ratification of the Selection of Independent Registered Public Accounting Firm at the 2023-12-14 meeting.","evidence_excerpt":"Proposal No. 4 - Ratification of the Selection of Independent Registered Public Accounting Firm. 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The advisory vote to approve the frequency of future advisory votes on the compensation of the Named Executive Officers was approved at the Annual Meeting by the following votes: 1 Year 2 Years 3 Years Abstain 21,659,940 or 94.1% 56,197 or 0.2% 1,297,315 or 5.6% 364,219","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0000023197-23-000084","anchor_url":"https://secwatch.observer/filing/0000023197-23-000084#claim-3dd5f9f6c6067826e97bbafcd3ff1bf2c7c5a0c5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/23197/000002319723000084/0000023197-23-000084-index.htm"},{"fact_type":"shareholder_vote","fact_key":"e879835ffeddba2cb36498d3823e78c830add9db","cik":23197,"ticker":"CMTL","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2023-12-22T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-12-14","outcome":"passed","proposal_text":"Approval (On an Advisory Basis) of the Compensation of the Named Executive Officers","proposal_type":"say_on_pay","results":[{"broker_non_votes":"2,694,117","subject":null,"votes_abstain":"1,486,308","votes_against":"2,635,570","votes_for":"19,255,793 or 88.0%","votes_withheld":null}]},"claim":"COMTECH TELECOMMUNICATIONS CORP /DE/ shareholders approved Approval (On an Advisory Basis) of the Compensation of the Named Executive Officers at the 2023-12-14 meeting.","evidence_excerpt":"Proposal No. 2 - Approval (On an Advisory Basis) of the Compensation of the Named Executive Officers. 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Shamash 22,839,780 or 97.7% 529,693 8,198 2,694,117","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000023197-23-000077","anchor_url":"https://secwatch.observer/filing/0000023197-23-000077#claim-35552c3ce9bea4b8053844c11ab620b878970b04","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/23197/000002319723000077/0000023197-23-000077-index.htm"},{"fact_type":"material_agreement","fact_key":"b6ac18b3b5820925796a4e7d78c5907996424712","cik":23197,"ticker":"CMTL","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2023-12-14T23:59:59+00:00","payload":{"action":"entry","agreement_name":"Exchange Agreement","agreement_type":"equity_purchase","counterparty":"certain affiliates and related funds of Magnetar Capital LLC and White Hat Capital Partners LP","effective_date":"2023-12-13","item_codes_triggered":["1.01"],"value_text":"$1,134.20 per share"},"claim":"COMTECH TELECOMMUNICATIONS CORP /DE/ entered into Exchange Agreement with certain affiliates and related funds of Magnetar Capital LLC and White Hat Capital Partners LP valued at $1,134.20 per share (effective 2023-12-13).","evidence_excerpt":"On December 13, 2023, Comtech Telecommunications Corp. (the “ Company ”) and certain affiliates and related funds of Magnetar Capital LLC and White Hat Capital Partners LP (collectively, the “ Investors ”) agreed to change the terms of the Company’s Series A Convertible Preferred Stock, par value $0.10 per share (the “ Series A Convertible Preferred Stock ”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950142-23-002964","anchor_url":"https://secwatch.observer/filing/0000950142-23-002964#claim-b6ac18b3b5820925796a4e7d78c5907996424712","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/23197/000095014223002964/0000950142-23-002964-index.htm"},{"fact_type":"earnings_release","fact_key":"754be5715f09c722c942ba9e8596ae9e0ce6792c","cik":23197,"ticker":"CMTL","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2023-12-07T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"first quarter ended October 31, 2023","report_date":"2023-12-07","result_type":"reported_results","revenue_text":"$151.9 million"},"claim":"COMTECH TELECOMMUNICATIONS CORP /DE/ reported first quarter ended October 31, 2023 results: revenue $151.9 million.","evidence_excerpt":"new fiscal year, I’m pleased to report that Comtech continues to deliver on our commitment to growth. Net sales for our first quarter of fiscal 2024 rose 15.9% year-over-year to $151.9 million, and bookings of $185.6 million (as high as they’ve been since I assumed the role of CEO last year) represent a quarterly book-to-bill ratio of 1.22x. 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(the “Company”) issued a shareholder letter announcing its results of operations for its fourth quarter and full year ended July 31, 2023.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000023197-23-000050","anchor_url":"https://secwatch.observer/filing/0000023197-23-000050#claim-0396ab6708053828c12774af042c9fd39cdb2fd2","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/23197/000002319723000050/0000023197-23-000050-index.htm"},{"fact_type":"executive_change","fact_key":"6d073b916f","cik":23197,"ticker":"CMTL","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2023-08-28T23:59:59+00:00","payload":{"action":"resigned","action_category":"departure","departure_tone":"not_disclosed","effective_date":"2023-08-31","interim":false,"role":"General Counsel and Assistant Corporate Secretary","role_category":"general_counsel","successor_name":null,"successor_named":false},"claim":"Yelena Simonyuk resigned as General Counsel and Assistant Corporate Secretary at COMTECH TELECOMMUNICATIONS CORP /DE/.","evidence_excerpt":"On August 24, 2023, Yelena Simonyuk, General Counsel and Assistant Corporate Secretary of Comtech Telecommunications Corp. (the “Company”), notified the Company of her decision to resign from the Company, effective as of August 31, 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000023197-23-000040","anchor_url":"https://secwatch.observer/filing/0000023197-23-000040#claim-6d073b916f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/23197/000002319723000040/0000023197-23-000040-index.htm"},{"fact_type":"earnings_release","fact_key":"870155bfd20b091cad4bdc21c13da495639ca3ca","cik":23197,"ticker":"CMTL","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2023-06-08T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"its fourth quarter ending July 31, 2023","report_date":"2023-06-08","result_type":"guidance_update","revenue_text":null},"claim":"COMTECH TELECOMMUNICATIONS CORP /DE/ updated its its fourth quarter ending July 31, 2023 guidance (initiated).","evidence_excerpt":"Looking ahead, we expect our fourth quarter fiscal 2023 results to improve, with consolidated net sales anticipated to grow sequentially between 2.0% and 4.0% and for consolidated Adjusted EBITDA1 margins to be in the range of 9.5% to 10.5% of consolidated net sales.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000023197-23-000036","anchor_url":"https://secwatch.observer/filing/0000023197-23-000036#claim-870155bfd20b091cad4bdc21c13da495639ca3ca","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/23197/000002319723000036/0000023197-23-000036-index.htm"},{"fact_type":"earnings_release","fact_key":"564cad15eb04a39913a22c21f942ffc2f9a7239d","cik":23197,"ticker":"CMTL","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2023-06-08T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"its third quarter ended April 30, 2023","report_date":"2023-06-08","result_type":"reported_results","revenue_text":null},"claim":"COMTECH TELECOMMUNICATIONS CORP /DE/ reported financial results for its third quarter ended April 30, 2023.","evidence_excerpt":"On June 8, 2023, Comtech Telecommunications Corp. (the “Company”) issued a shareholder letter announcing its results of operations for its third quarter ended April 30, 2023 and guidance for its fourth quarter ending July 31, 2023.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000023197-23-000036","anchor_url":"https://secwatch.observer/filing/0000023197-23-000036#claim-564cad15eb04a39913a22c21f942ffc2f9a7239d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/23197/000002319723000036/0000023197-23-000036-index.htm"},{"fact_type":"executive_change","fact_key":"46300ff199","cik":23197,"ticker":"CMTL","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2023-06-07T23:59:59+00:00","payload":{"action":"retired","action_category":"departure","departure_tone":"retirement","effective_date":null,"interim":false,"role":"director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Lisa Lesavoy retired as director at COMTECH TELECOMMUNICATIONS CORP /DE/.","evidence_excerpt":"On June 2, 2023, Lisa Lesavoy notified the Board of her intention to retire as a director from the Company’s Board effective immediately preceding the next annual shareholder meeting, where Ms. Lesavoy will not stand for re-election to the Board.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000023197-23-000025","anchor_url":"https://secwatch.observer/filing/0000023197-23-000025#claim-46300ff199","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/23197/000002319723000025/0000023197-23-000025-index.htm"},{"fact_type":"executive_change","fact_key":"8f6edf0e37","cik":23197,"ticker":"CMTL","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2023-06-07T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-06-15","interim":false,"role":"director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Ellen M. Lord was appointed as director at COMTECH TELECOMMUNICATIONS CORP /DE/.","evidence_excerpt":"On June 2, 2023, the Board of Directors (the \"Board\") of Comtech Telecommunications Corp. (“Comtech”) appointed Lieutenant General (Retired) (\"LTG (Ret.)\") Bruce T. Crawford and the Honorable Ellen M. Lord as directors, effective June 15, 2023, to the Board increasing its size to nine members, eight of whom are independent.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000023197-23-000025","anchor_url":"https://secwatch.observer/filing/0000023197-23-000025#claim-8f6edf0e37","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/23197/000002319723000025/0000023197-23-000025-index.htm"},{"fact_type":"executive_change","fact_key":"11df039bdf","cik":23197,"ticker":"CMTL","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2023-06-07T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-06-15","interim":false,"role":"director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Bruce T. Crawford was appointed as director at COMTECH TELECOMMUNICATIONS CORP /DE/.","evidence_excerpt":"On June 2, 2023, the Board of Directors (the \"Board\") of Comtech Telecommunications Corp. (“Comtech”) appointed Lieutenant General (Retired) (\"LTG (Ret.)\") Bruce T. Crawford and the Honorable Ellen M. Lord as directors, effective June 15, 2023, to the Board increasing its size to nine members, eight of whom are independent.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000023197-23-000025","anchor_url":"https://secwatch.observer/filing/0000023197-23-000025#claim-11df039bdf","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/23197/000002319723000025/0000023197-23-000025-index.htm"},{"fact_type":"earnings_release","fact_key":"642b16d3aac1ee09b02f6591bef430f5d891574c","cik":23197,"ticker":"CMTL","company_name":"COMTECH TELECOMMUNICATIONS CORP /DE/","filed_at":"2023-03-09T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"second quarter ended January 31, 2023","report_date":"2023-03-09","result_type":"reported_results","revenue_text":"$133.7 MM"},"claim":"COMTECH TELECOMMUNICATIONS CORP /DE/ reported second quarter ended January 31, 2023 results: revenue $133.7 MM. Guidance reaffirmed.","evidence_excerpt":"play a major role in advancing the conditions necessary for digital equity around the world. SECOND QUARTER: Fiscal Year 2023 6 FISCAL Q2 2023 RESULTS CONSOLIDATED RESULTS $133.7 MM Revenues 34.3% Gross Margin $11.3 MM Adj. EBITDA $167.5 MM Bookings $702 MM OF FUNDED BACKLOG PROVIDES ADDED VISIBILITY TO FUTURE REVENUES. SECOND QUARTER: Fiscal Year 2023 7","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000023197-23-000020","anchor_url":"https://secwatch.observer/filing/0000023197-23-000020#claim-642b16d3aac1ee09b02f6591bef430f5d891574c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/23197/000002319723000020/0000023197-23-000020-index.htm"}]}