Astronics Receives Contracts of Roughly $75 Million for Astronics Dual-Modem 'ModMan'

MT Newswires Live05-24

Astronics (ATRO) said Friday it has received roughly $75 million in contracts from different clients for the Astronics Dual-Modem Modem Manager over the next three to five years.

The company anticipates receiving multiple purchase orders throughout the contracts' duration, Astronics added.

Astronics Dual-Modem 'ModMan' can be installed in retrofit and original equipment manufacturers' applications and has two satellite communications modems, the provider of inflight entertainment and connectivity hardware said.

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