Aviat Networks(NASDAQ) AVNW

Aviat Networks makes wireless systems to move data. Its tools connect towers where fiber cables are too expensive. These solutions help phone providers and emergency services stay connected.

Wireless Links Without the Wires

• Microwave Transmission Systems: Wireless links that send data through the air; used by CSPs (communication service providers) as an alternative to fiber cables.
• Routers and Software: Networking equipment and cloud tools like CTR 8000 that manage data traffic and monitor network health.
• Private Network Solutions: Rugged wireless products such as the Aprisa line for utility and energy organizations using SCADA (supervisory control and data acquisition) systems.
• Professional Services: Support for the entire network cycle, including planning, site surveys, installation, and maintenance.

Scaling Through Acquisitions

• Acquired the wireless transport business from NEC Corporation on Nov. 30, 2023, to increase global scale.
• Purchased 4RF Limited on July 2, 2024, for $18.2 million to enter industrial wireless and 5G (fifth-generation wireless) markets.
• Amended its secured credit facility on Aug. 28, 2025, to increase available borrowing capacity.
• Expanded the Aviat Store e-commerce platform to provide faster equipment delivery and simpler ordering for smaller operators.

What Makes Aviat Different

Aviat focuses on reducing the total cost of ownership by designing products that require less power and fewer tower installations. The company maintains a balanced global footprint with revenue split approximately 50% each between North America and international markets in fiscal 2026.

Aviat by the Numbers

• Total revenue rose 1.2% to $439.7 million in fiscal 2026.
• Revenue from software and licenses increased 10% during fiscal 2026.
• The backlog of unfilled customer orders reached $367 million as of July 3, 2026.
• Net cash provided by operating activities was $13.6 million in fiscal 2026.
• The company employed 900 people as of July 3, 2026.

The Evolution of Aviat

Aviat has transitioned from a hardware manufacturer to a provider of automated wireless transport and software services. Its expansion into private networks and industrial markets has diversified its customer base beyond traditional telecommunications carriers.