10:05 AM EDT, 05/24/2024 (MT Newswires) -- 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 ( ATRO ) 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.

Price: 20.58, Change: +0.04, Percent Change: +0.22