Aviat Networks Secures $50M In Orders From Two New U.S. Statewide Public Safety Projects
Portfolio Pulse from Happy Mohamed
Aviat Networks, Inc. (NASDAQ:AVNW) has secured orders worth over $50 million from two U.S. State governments for statewide public safety networks. The projects involve a mix of high-power microwave radios, high availability routers, and management software along with turnkey services for design, installation, support, and ongoing managed services. Aviat's Frequency Assurance Software (FAS) and Health Assurance Software (HAS) will be incorporated into these statewide network upgrades.
September 21, 2023 | 12:34 pm
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Aviat Networks has secured significant orders for its products and services, which could positively impact its revenue and profitability in the short term.
The news of Aviat Networks securing orders worth over $50 million is directly related to the company's revenues and profitability. This could lead to a positive sentiment among investors, potentially driving the stock price up in the short term.
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