What Happened
Defense Testing Deal May Boost Shares For Viavi Solutions
Viavi Solutions has been selected by the US Army to supply its T/Rx software-defined transceiver system for modernizing military test ranges, creating realistic electromagnetic environments to support the development and testing of drones and counter-drone systems. The system combines electromagnetic spectrum monitoring, recording, analysis, and transmission capabilities in a compact unit. This deal could boost Viavi’s shares, as demand for advanced electronic warfare testing solutions grows. The company faces competition from ADTRAN and Keysight Technologies, according to Zacks Investment Research.