Pricing Supplement No. 5, Amendment No. 1          For SEC Filing Purposes:
Dated: May 2, 1995                               Filed Under Rule 424(b)(3)
To Prospectus dated July 11, 1994 and             Registration No. 33-54369
Prospectus Supplement dated July 11, 1994 

                      Principal Amount $9,000,000.00
                          (CUSIP No. 20564Q AE8)

                            COMSAT CORPORATION



                        Medium-Term Notes, Series A
                Due Nine Months or More from Date of Issue







Issue Date: May 8, 1995

Stated Maturity: May 8, 2007     

____ Zero-Coupon Note(s)
_XX_ Fixed Rate Note(s)
____ Commercial Paper Rate Note(s)
____ Prime Rate Note(s)
____ CD Rate Note(s)
____ Federal Funds Rate Note(s)
____ LIBOR Note(s)
____ Treasury Rate Note(s)
____ Other Interest Rate Basis

Currency or Currency Units
  (if other than U.S. dollars): N/A

Issue Price (if other than 100%): N/A

Public Offering Price:  100%.  Salomon Brothers (DTC No. 274)
                        has purchased the Notes as principal in
                        this transaction for resale to one or
                        more investors at varying prices related
                        to prevailing market conditions at the
                        time or times of resale as determined by
                        Salomon Brothers.
Underwriting Discount or Commission received 
                               from the Issuer (%): .6%
Proceeds to Company (%):  99.4%
Proceeds to the Company ($):  $8,946,000.00
Interest Rate/Initial Interest Rate:  7.77%
Interest Payment Dates: May 1 and November 1
Regular Record Dates: April 15 and October 16
Number of Days to First Interest Payment: 178
Interest Reset Dates: N/A
Interest Payment Period: N/A
Interest Rate Reset Period: N/A
Interest Determination Dates: N/A
Index Maturity: N/A

_X_ Book-Entry Note(s)
___ Certificated Note(s)

Spread: N/A
Spread Multiplier: N/A
Maximum Interest Rate, If any: N/A
Minimum Interest Rate, if any: N/A
Interest Calculation Dates: N/A
Calculation Agent: N/A

Redemption Date(s) (Option of Holder): N/A
Redemption Percentage(s) (Option of Holder) (if other than
 100% of Principal Amount): N/A

Redemption Date(s): N/A
Redemption Premium: N/A


Original Issue Discount Security: N/A
___ For Federal Income Tax Purposes
___ Subject to Special Provisions
Issue Date for Calculating OID: N/A
Original Issue Discount: N/A
Original Issue Discount
 Applicable to Short Accrual Period: N/A
 Computed under (exact__) 
 (approximate__)  method
Yield to Maturity: N/A
Default Rate (only applicable if OID Security): N/A
Amortized Face Amount: N/A


Redemption Price: N/A


Other Terms (if applicable): N/A


CS First Boston Corporation
                    Salomon Brothers Inc
                                       NationsBanc Capital Markets, Inc.