PARIS — Satellite Earth station hardware provider Comtech Telecommunications Corp. said sales of satcom equipment would drop this year following occasionally severe supply-chain issues, prospective customers’ hesitation in the face of LEO constellations and effects of the war in Ukraine.
Comtech said it expects a $70 million hit to its expected revenue in the fiscal year ending July 30, half of it from effects of Russia’s invasion of Ukraine and half from supply blockages and customer indecision for commercial satcom equipment.
In a March 10 investor . . .
To view the entire article, become a subscriber!