Aviat Networks, Inc. (AVNW): Analyse de Pestle [Jan-2025 Mise à jour]

Dans le monde en évolution rapide des télécommunications, Aviat Networks, Inc. (AVNW) se dresse au carrefour de l'innovation, de la connectivité mondiale et de la résilience stratégique. Cette analyse complète du pilon dévoile le paysage complexe de défis et d'opportunités qui façonnent la trajectoire de l'entreprise, des investissements gouvernementaux sur les infrastructures aux progrès technologiques de pointe. Plongez profondément dans les facteurs multiformes stimulant la stratégie commerciale des réseaux Aviat, explorant comment la dynamique politique, économique, sociologique, technologique, juridique et environnementale converge pour définir son avantage concurrentiel dans l'écosystème mondial des télécommunications.

Aviat Networks, Inc. (AVNW) - Analyse du pilon: facteurs politiques

Investissement d'infrastructure du gouvernement américain soutenant l'expansion du réseau de télécommunications

La loi sur les investissements et les emplois de l'infrastructure de l'administration Biden a été allouée 65 milliards de dollars spécifiquement pour les infrastructures à large bande En novembre 2021. Cet investissement a un impact direct sur les sociétés de télécommunications comme Aviat Networks.

Programme d'investissement fédéral à large bande	Fonds alloués
Financement total d'infrastructure à large bande	65 milliards de dollars
Financement d'extension rural à large bande	42,45 milliards de dollars

Tensions commerciales potentielles affectant la chaîne d'approvisionnement internationale

Les tensions commerciales américaines actuelles créent des défis potentiels pour les fabricants d'équipements de télécommunications.

• Les tarifs américains sur l'équipement de télécommunications chinoises restent à 25% pour certaines catégories de composants
• Les restrictions de contrôle des exportations en cours ont un impact sur la dynamique de la chaîne d'approvisionnement globale

Exigences de conformité réglementaire

Les fabricants d'équipements de télécommunications doivent se conformer à plusieurs cadres réglementaires:

Corps réglementaire	Exigences de conformité clés
Commission fédérale des communications (FCC)	Processus d'autorisation de l'équipement
Ministère de la Défense	Règlement sur la sécurité de la chaîne d'approvisionnement

Instabilité géopolitique dans les régions opérationnelles mondiales

Aviat Networks opère sur plusieurs marchés internationaux avec différents risques géopolitiques.

• La région de l'Afrique présente Risque d'instabilité politique dans 7 pays où Aviat Networks maintient les opérations
• Les marchés du Moyen-Orient nécessitent une conformité complexe aux cadres de sanctions internationales

Aviat Networks, Inc. (AVNW) - Analyse du pilon: facteurs économiques

Demande continue du marché pour les solutions de réseautage sans fil et de réseautage à micro-ondes

La taille du marché mondial sans fil était évaluée à 14,5 milliards de dollars en 2022 et prévu pour atteindre 26,8 milliards de dollars d'ici 2030, avec un taux de croissance annuel composé (TCAC) de 8.2%.

Segment de marché	2022 Valeur marchande	2030 valeur projetée
Solutions de liaison sans fil	14,5 milliards de dollars	26,8 milliards de dollars

Fluctuant des cycles d'investissement des infrastructures de télécommunications mondiales

Investissement mondial d'infrastructure de télécommunications à atteindre 457 milliards de dollars en 2024, avec une rupture régionale comme suit:

Région	2024 Investissement d'infrastructure
Amérique du Nord	128 milliards de dollars
Europe	97 milliards de dollars
Asie-Pacifique	186 milliards de dollars
Reste du monde	46 milliards de dollars

Impact de l'incertitude économique sur les dépenses des technologies de l'entreprise et du gouvernement

Prévisions de dépenses technologiques de l'entreprise pour 2024: 4,8 billions de dollars, avec Croissance de 5,5% en glissement annuel. Les dépenses technologiques gouvernementales projetées à 589 milliards de dollars.

Variations de taux de change affectant les sources de revenus internationales

Exposition internationale sur les revenus des réseaux Aviat Networks aux fluctuations clés de la monnaie:

Devise	Volatilité du taux de change (2023)	Impact sur les revenus
Euro	±3.2%	12,6 millions de dollars
Roupie indienne	±4.1%	8,3 millions de dollars
Brésilien réel	±5.7%	5,9 millions de dollars

Aviat Networks, Inc. (AVNW) - Analyse du pilon: facteurs sociaux

Des tendances de travail à distance croissantes augmentant la demande d'infrastructures de télécommunications robustes

Selon Global Workplace Analytics, 25 à 30% des effectifs fonctionneront à distance de plusieurs jours d'ici 2025. L'investissement des infrastructures de télécommunications a atteint 1,7 billion de dollars dans le monde en 2023.

Tendance de travail à distance	Pourcentage	Année
Travailleurs à distance mondiaux	27.4%	2024
Investissement d'infrastructure de télécommunications	1,7 billion de dollars	2023

Défis de division numérique Création d'opportunités pour les solutions de connectivité réseau

Le syndicat international des télécommunications rapporte que 37% de la population mondiale ne reste pas connectée à Internet en 2023.

Métrique de connectivité numérique	Pourcentage	Année
Population mondiale non connectée	37%	2023
Marché potentiel de l'expansion du réseau	327 milliards de dollars	2024

Augmentation de la sensibilisation à la cybersécurité stimulant les investissements de modernisation du réseau

Gartner prédit que les dépenses mondiales de cybersécurité atteindront 215 milliards de dollars en 2024.

Investissement en cybersécurité	Montant	Année
Dépenses mondiales de cybersécurité	215 milliards de dollars	2024
Croissance du marché de la sécurité du réseau	13.4%	2023

Vers les technologies de réseautage durables et économes en énergie

International Energy Agency rapporte que le secteur des télécommunications vise à réduire les émissions de carbone de 45% d'ici 2030.

Métrique de la durabilité	Cible	Année
Objectif de réduction des émissions de carbone	45%	2030
Investissement de réseautage vert	87 milliards de dollars	2024

Aviat Networks, Inc. (AVNW) - Analyse du pilon: facteurs technologiques

Innovation continue dans les technologies de transmission 5G et sans fil

Aviat Networks a investi 18,3 millions de dollars dans les dépenses de R&D pour le développement de la technologie sans fil au cours de l'exercice 2023. Le portefeuille de transmission micro-ondes prend en charge Jusqu'à 400 Gbps capacité par radio.

Paramètre technologique	Spécifications actuelles
Vitesse de transmission sans fil	400 Gbps par radio
Investissement en R&D	18,3 millions de dollars (2023)
Prise en charge du réseau 5G	Compatibilité du spectre complet

Emerging Edge Computing et IoT Network Infrastructure Exigences

Aviat Networks Support Architecture d'accès distribué Avec des capacités informatiques Edge permettant une réduction de latence du réseau à 5 à 10 millisecondes.

Métrique informatique de bord	Performance
Latence du réseau	5 à 10 millisecondes
Connectivité de l'appareil IoT	Jusqu'à 50 000 connexions simultanées

Développement avancé des technologies de communication micro-ondes et point à point

Couverture des technologies de communication point à point d'Aviat Networks La fréquence varie de 6 GHz à 86 GHz, Soutenir plusieurs topologies de réseau.

Paramètre de technologie micro-ondes	Spécification
Gamme de fréquences	6 GHz - 86 GHz
Distance de transmission	Jusqu'à 100 kilomètres

Intégration de l'intelligence artificielle dans la gestion et l'optimisation du réseau

La société a mis en œuvre des algorithmes d'optimisation des réseaux axés sur l'IA réduisant 22% dans la gestion du réseau.

Métrique de gestion du réseau AI	Performance
Réduction des dépenses opérationnelles	22%
Précision de maintenance prédictive	94.5%

Aviat Networks, Inc. (AVNW) - Analyse du pilon: facteurs juridiques

Règlement sur les équipements de télécommunications internationales

Les réseaux Aviat doivent adhérer à plusieurs normes réglementaires internationales sur différents marchés. En 2024, la société est conforme aux réglementations sur les équipements de télécommunications dans les régions clés suivantes:

Région	Organes de réglementation primaires	Statut de conformité
États-Unis	FCC	Compliance complète
Union européenne	Marquage CE	Agréé
Inde	WPC, point	Approuvé
Afrique	Autorités régionales de télécommunications	Conforme

Protection de la propriété intellectuelle pour les innovations technologiques de réseautage

Aviat Networks maintient un portefeuille de propriété intellectuelle robuste:

• Brevets actifs totaux à partir de 2024: 87
• Dépenses de dépôt de brevets en 2023: 2,3 millions de dollars
• Demandes de brevet en instance: 15

Catégorie de brevet	Nombre de brevets	Focus technologique
Transmission sans fil	42	Réseau de micro-ondes
Architecture de réseau	28	Protocoles de routage
Traitement du signal	17	Optimisation du signal numérique

Adhésion aux réglementations de contrôle des exportations pour les équipements de télécommunications

Exporter les mesures de conformité pour les réseaux Aviat en 2024:

• Pays avec des licences d'exportation actives: 37
• Risque de violation de la conformité: 0,02%
• Coût annuel de la conformité du contrôle des exportations: 450 000 $

Risques potentiels en matière de litige en matière de brevets dans le secteur de la technologie de réseautage compétitif

Métrique du litige	2024 données
Conflits de brevet en cours	2
Budget de défense juridique	1,7 million de dollars
Réserves de règlement potentiels	3,2 millions de dollars
Probabilité du risque de litige	4.5%

Aviat Networks, Inc. (AVNW) - Analyse du pilon: facteurs environnementaux

Conception d'équipement de réseautage économe en énergie

Aviat Networks a rapporté un 15,2% de réduction de la consommation d'énergie pour leur dernière plate-forme radio à micro-ondes par rapport aux équipements de génération précédente. Les mesures de l'efficacité énergétique de l'entreprise démontrent un engagement envers le développement des technologies durables.

Modèle d'équipement	Consommation d'énergie (watts)	Amélioration de l'efficacité énergétique
Radio de génération précédente	125W	Base de base
Radio de génération actuelle	106W	Réduction de 15,2%

Réduction de l'empreinte carbone

En 2023, les réseaux Aviat ont atteint Une réduction de 22% des émissions de carbone opérationnelles directes grâce à des améliorations de processus de fabrication stratégiques.

Année	Émissions totales de carbone (tonnes métriques)	Pourcentage de réduction
2022	1,450	Base de base
2023	1,131	22%

Développement de technologies durables

Aviat Networks a investi 3,2 millions de dollars en recherche et développement d'infrastructures vertes Au cours de l'exercice 2023.

Gestion des déchets électroniques

La société a mis en œuvre un programme complet de recyclage des déchets électroniques, le traitement 87,6 tonnes métriques d'équipement électronique en 2023 par le biais de partenaires de recyclage certifié.

Catégorie de déchets	Poids (tonnes métriques)	Taux de recyclage
Équipement de réseautage	62.4	95%
Composants électroniques	25.2	92%

Aviat Networks, Inc. (AVNW) - PESTLE Analysis: Social factors

You're looking at Aviat Networks, Inc. and trying to map the social currents that drive their bottom line. The short answer is that the company's success is tied less to consumer whims and more to the long-term, non-negotiable needs of critical infrastructure and government agencies. Their business is defintely mission-critical, which creates a stable, high-barrier-to-entry revenue stream.

Strong revenue concentration in mission-critical private networks

Aviat Networks' financial stability is rooted in serving customers who cannot afford network downtime-think utilities, public safety, and government. For the fiscal year ended June 27, 2025, a significant 59% of the company's total revenue came from these private networks. This concentration acts as a social buffer; these customers are less sensitive to economic cycles than mobile network operators (MSPs), who accounted for the remaining 41% of revenue.

This focus means their social risk profile is less about consumer sentiment and more about public trust in essential services. Here's the quick math on their core market:

• Private Networks: 59% of TTM revenue.
• Mobile Service Providers: 41% of TTM revenue.

Global revenue diversification: North America is 48%, with LATAM & APAC at 33%

The geographic split of Aviat Networks' revenue shows a healthy, though not majority, reliance on the US market, which helps to mitigate region-specific social or political risks. For the trailing twelve months (TTM) ended June 27, 2025, North America represented 48% of total revenue, which was $434.6 million. The international business, which made up 52%, provides diversification, but also introduces complexity in labor and regulatory compliance across different social norms.

The international segment is further broken down, showing where the company is exposed to different social and economic development paces. This is a good sign for long-term growth.

Geographic Region	Percentage of FY2025 TTM Revenue	FY2025 TTM Revenue (Millions)
North America	48%	$207.6 million
LATAM & APAC	33%	$143.4 million (Calculated: 33% of $434.6M)
Europe	7%	$30.4 million (Calculated: 7% of $434.6M)
Middle East & Africa (MEA)	11%	$47.8 million (Calculated: 11% of $434.6M)
Total	99% (due to rounding)	$429.2 million (Note: Total TTM Revenue was $434.6M)

Commitment to human rights and labor policy within the global supply chain is a key ESG factor

In the current investment climate, a company's Environmental, Social, and Governance (ESG) performance is a social factor that directly impacts its cost of capital and brand reputation. Aviat Networks has explicitly addressed the 'S' by committing to internationally-recognized human rights and labor policies. They require their suppliers to adhere to the Responsible Business Alliance (RBA) Code of Conduct, which sets standards for working conditions, ethics, and environmental practices.

A critical, concrete action is their goal to avoid purchasing materials containing conflict minerals (3TG: tantalum, tin, tungsten, and gold) that finance armed conflict or human rights abuses. This is a necessary step to maintain credibility with global institutional investors who increasingly screen for supply chain ethics.

Customer demand shift toward high-capacity, low-latency transport for 5G and industrial applications

Social demand for instant, reliable connectivity is forcing a major technological shift, and Aviat Networks is positioned to capitalize. Customers are moving away from older, lower-capacity microwave systems to high-capacity, low-latency wireless transport solutions. This shift is fueled by two primary social trends:

1. 5G Rollouts: Mobile operators need backhaul networks that can handle multi-gigabit speeds and ultra-low latency to support new consumer experiences like virtual reality (VR) and augmented reality (AR). Aviat's solutions offer fiber-like performance over wireless links, which is crucial for rapid 5G deployment.
2. Critical Infrastructure Modernization: Utilities, oil and gas, and public safety agencies are upgrading their networks to support modern applications like video surveillance, remote control of critical assets, and the Internet of Things (IoT). For instance, public safety LMR (Land Mobile Radio) networks are undergoing significant upgrades to handle more data traffic. This demand is a strong tailwind, with state and local public safety budgets expected to grow 5% to 8% for fiscal year 2026.

Aviat Networks, Inc. (AVNW) - PESTLE Analysis: Technological factors

Aviat Networks' core technological position is strong, having successfully repositioned itself from a niche microwave vendor to a comprehensive wireless transport and access platform. This shift, driven by strategic acquisitions and software innovation, directly capitalizes on the global 5G upgrade cycle and the critical infrastructure market's demand for high-reliability networks.

The company's full-year 2025 revenue reached $434.6 million, reflecting a 6.5% increase year-over-year, which underpins the strength of its product portfolio in a dynamic wireless infrastructure market. The strategy centers on leveraging its deep radio frequency (RF) expertise and expanding its software-as-a-service (SaaS) offerings to capture a larger share of the total addressable market (TAM).

Core business is well-positioned for the global 5G upgrade cycle, where microwave is 60% of cellular transport.

Aviat Networks is defintely positioned to benefit from the multi-year 5G upgrade cycle, particularly in the backhaul segment, which connects the radio access network (RAN) to the core network. Microwave technology remains a critical component of this infrastructure, as wireless transport accounts for approximately 60% of all cellular transport links globally, excluding North East Asia.

The microwave radio market for global 5G transport is projected to grow at a 16% Compound Annual Growth Rate (CAGR) through calendar year 2028. Aviat Networks is capitalizing on this by offering high-capacity solutions like its E-band and multiband products, which are essential for meeting 5G's higher capacity and lower latency requirements. The company's growing backlog, which stood at $323 million at the end of fiscal year 2025 (June 27, 2025), provides a clear runway for future revenue capture in this cycle.

Strategic acquisitions added key technologies, including LTE 5G cellular routers and industrial SCADA solutions.

The company's technology portfolio expanded significantly through recent strategic acquisitions, notably the 4RF Limited acquisition in July 2024. This move immediately broadened Aviat Networks' offering into the high-growth industrial wireless access market. The acquisition brought in crucial products, specifically Private LTE (Long-Term Evolution) and 5G cellular routers, which are tailored for critical infrastructure.

Here's the quick math: this acquisition opened up a new $200 million narrowband connectivity segment and positioned Aviat Networks to compete directly in the Cellular (LTE/5G) Router market, which is valued at $1.4 billion today and is forecast to grow to $2.5 billion by 2027.

The acquired solutions are essential for Supervisory Control and Data Acquisition (SCADA) and telemetry applications in sectors like:

• Utilities and Smart Grid deployments.
• Oil and Gas operations.
• Mining and Transportation networks.
• Public Safety and Military communications.

Competitive advantage is maintained through a portfolio of over 200 patents and a modular radio platform.

Aviat Networks maintains a strong competitive moat built on its intellectual property and hardware design. The company holds a portfolio of over 200 patents, which protects its core innovations in wireless transport and access solutions. This patent strength is crucial for defending market share against larger generalists and smaller specialists.

The modular radio platform, epitomized by products like the WTM 4000 series, provides a significant advantage. This design philosophy allows for rapid product variants and upgrades, lowering the total cost of ownership (TCO) for customers by simplifying logistics and maintenance. The WTM 4800, for example, is the industry's only single-box multi-band solution, which reduces tower footprint and deployment complexity. That's a real-world advantage in a competitive bid.

Focus on software innovation, including Frequency Assurance Software (FAS) for third-party radio protection.

Software innovation is a key differentiator, moving Aviat Networks up the value chain toward a more recurring revenue model. The flagship product in this area is the patented Frequency Assurance Software (FAS), a cloud-based application that proactively monitors and manages network interference.

FAS is particularly critical in the US market because it protects licensed 6 GHz microwave links from interference caused by the increasing deployment of unlicensed Wi-Fi 6e devices operating in the same band. Crucially, Aviat Networks expanded FAS to support 3rd-party (non-Aviat) microwave links in 2023, allowing the company to sell a high-value software service to competitors' installed bases. This vendor-agnostic approach reduces operational costs and enhances network uptime for all operators, regardless of their legacy hardware.

Technological Metric	FY2025 Value / Status	Strategic Significance
Microwave Share of Cellular Transport	60% of links globally (excluding NE Asia)	Confirms microwave's enduring role in 5G backhaul, validating core market.
Patent Portfolio Size	Over 200 patents	Protects core radio and software innovations, creating a strong competitive moat.
Cellular Router Market TAM	$1.4 billion (growing to $2.5B by 2027)	Targeted growth segment opened by the 4RF acquisition, expanding market opportunity.
Q4 FY2025 Backlog	$323 million	Indicates strong near-term demand and confidence in the company's end-to-end product portfolio.
Key Software Innovation	Frequency Assurance Software (FAS)	Vendor-agnostic solution for interference protection, driving software services revenue and protecting 6 GHz band customers.

Aviat Networks, Inc. (AVNW) - PESTLE Analysis: Legal factors

Certified to International Organization for Standardization (ISO) 27001 for information technology security at corporate headquarters.

You need to know that Aviat Networks prioritizes information security, a critical legal and commercial requirement in the wireless transport sector. While the company's corporate headquarters is the central point for compliance, its US Network Operation Centers (NOCs) follow the demanding ISO 27001 guidelines for securing IT operations and customer data.

This commitment to the International Organization for Standardization (ISO) 27001 standard means that the NOC's Business Continuity (Disaster Recovery) response capabilities are fully and regularly tested. This robust framework helps mitigate legal risks tied to data breaches and cybersecurity failures, which is defintely a key concern for government and utility customers.

Adherence to the Responsible Business Alliance (RBA) Code of Conduct is required for all suppliers.

Aviat Networks has proactively adopted the Responsible Business Alliance (RBA) Code of Conduct, applying it fully to both its own operations and those of its strategic suppliers. This is a necessary step to manage legal and reputational risks associated with global supply chain practices, especially regarding labor and human rights.

The company requires adherence to the RBA Code and all other applicable laws to ensure working conditions are safe and workers are treated with dignity and respect. Aviat Networks is also a member of the Responsible Minerals Initiative (RMI), working to ensure its products do not contain conflict minerals, as defined by Section 1502 of the U.S. Dodd-Frank Act. This due diligence is crucial for maintaining compliance with complex international sourcing regulations.

Corporate governance is strengthened with the Audit Committee overseeing legal and regulatory compliance.

Corporate governance at Aviat Networks is designed to make the Board of Directors directly accountable for oversight of legal and regulatory compliance. The Audit Committee's charter, approved and adopted on July 10, 2025, explicitly tasks the committee with monitoring the company's compliance with legal and regulatory requirements.

For the fiscal year 2025, the Audit Committee was comprised of independent, non-employee directors, with two members, Scott Halliday and John Mutch, qualifying as an 'audit committee financial expert' under SEC and NASDAQ rules. This expertise is vital for navigating complex financial reporting laws and internal control issues. Here's the quick math on the committee's composition:

Audit Committee Member	Role in FY2025	Independent Director Status
Scott Halliday	Chair, Financial Expert	Independent
John Mutch	Member, Financial Expert	Independent
Laxmi Akkaraju	Member	Independent
Bryan Ingram	Member	Independent

Ongoing legal scrutiny and investigations are a persistent, though manageable, risk factor.

Aviat Networks faces persistent legal scrutiny, primarily stemming from financial reporting issues identified in late fiscal year 2024. The company announced on September 11, 2024, that it could not timely file its Annual Report on Form 10-K for the fiscal year ended June 28, 2024.

Management identified certain material weaknesses in internal control over financial reporting and errors impacting previously reported financial information for fiscal years 2024 and 2023. This disclosure immediately triggered investigations by law firms on behalf of shareholders concerning possible violations of federal securities laws.

The market reaction was swift, with the stock price falling $3.37 per share to $20.99 on September 12, 2024, a drop of 13.8%. Though the company reported a Q2 FY2025 revenue of $118.2 million and record adjusted EBITDA, the positive financial performance is still tempered by this ongoing legal uncertainty. Aviat Networks stated in its Q4 2025 earnings call (September 11, 2025) that it will continue to invest to improve resources and processes to remediate these material weaknesses.

The key legal risks and their associated financial impacts include:

• Securities litigation from shareholders due to the material weakness disclosure.
• Increased compliance costs for internal control remediation.
• Stock price volatility, exemplified by the 13.8% single-day drop in September 2024.
• The risk of regulatory action from the SEC related to the delayed 10-K and restatement of prior financials.

Aviat Networks, Inc. (AVNW) - PESTLE Analysis: Environmental factors

You're looking at the 'E' in PESTLE, and honestly, for a technology company like Aviat Networks, Inc., the environmental factors are less about smokestacks and more about energy efficiency and the total cost of ownership (TCO) for customers. The core takeaway is that Aviat Networks has formally integrated environmental stewardship into its corporate governance and product design, which directly translates into significant operational expenditure (OpEx) savings for its global customer base. It's a smart business move that aligns with global sustainability trends.

Maintained ISO 14001 certification for its environmental management system

Aviat Networks maintains its commitment to a structured environmental management system (EMS) by holding the International Organization for Standardization (ISO) 14001 certification. This isn't just a paper exercise; it means the company has a verified framework for managing its environmental responsibilities, including its compliance obligations and efforts to prevent pollution.

The certification was maintained for the company's corporate office in Austin, Texas, as well as its management system in the United Kingdom subsidiary, as reported in fiscal year 2023. This dual-location certification defintely shows a commitment that spans core US operations and key international markets, providing a credible baseline for its environmental claims.

Products offer a smaller site footprint and lower power consumption, which reduces environmental impact for customers

The biggest environmental opportunity for a networking company is in its product's operational phase-how much power and physical space it demands over a decade. Aviat Networks' product strategy, particularly with its all-outdoor radio platforms, directly addresses this by reducing both the site footprint and energy draw. Less power means fewer carbon emissions for the operator, and a smaller footprint reduces the environmental disturbance at the installation site.

For example, the WTM 4000 all-outdoor radio platform is engineered for a smaller site footprint and lower power consumption. This design simplifies deployment and maintenance, but the real punch is the financial and environmental saving for the customer. Here's the quick math on the value proposition:

Environmental/Operational Benefit	Financial Impact (Customer Savings)
Reduced Site Footprint (e.g., all-outdoor radio)	Lower site leasing costs and faster deployment.
Lower Power Consumption	Reduced energy OpEx and less need for cooling infrastructure.
Total Cost of Ownership (TCO) Reduction	Up to $15,000 per link over a 5-year period.

This focus on efficiency is a powerful market differentiator. The Eclipse product line, for instance, meets the energy efficiency standard set by Verizon, one of the largest US carriers, which shows that environmental performance is now a key purchasing metric alongside traditional performance parameters.

Governance and Nominating Committee actively oversees Environmental, Social and Governance (ESG) risks, including climate risks

The oversight of environmental issues, including climate risks, is not relegated to a separate, minor committee; it's a formal responsibility of the Governance and Nominating Committee, which is composed of independent members of the Board in fiscal year 2025.

This structure ensures that ESG matters, including climate risks like extreme weather events that could impact network infrastructure, are considered at the highest level of corporate strategy. The Committee's charter explicitly includes providing oversight with respect to the Company's strategy, programs, and initiatives related to Environmental, Social, and Governance matters. That's how you bake sustainability into the business model, not just bolt it on.

Global Environmental Policy commits to pollution prevention and minimizing the environmental footprint of products and operations

Aviat Networks' Global Environmental Policy and its broader Environmental, Health and Safety (EHS) policy outline a clear commitment to pollution prevention and minimizing the environmental footprint across its value chain. This commitment extends beyond its own facilities to its products, services, suppliers, and the communities it operates in.

Key areas of focus under this policy include:

• Complying with all relevant environmental legislation at local, regional, and international levels.
• Preventing occupational illnesses and injuries, and conserving natural resources.
• Minimizing waste and limiting environmental impacts.
• Promoting the responsible sourcing of materials, including adherence to the Responsible Business Alliance (RBA) Code of Conduct.

The company is actively engaged with industry peers and stakeholders, like the Responsible Minerals Initiative (RMI), to improve the transparency of its supply chain, particularly concerning conflict minerals (3TG: tin, tantalum, tungsten, and gold). This diligence is crucial for mitigating supply chain-related environmental and social risks.

Next step: Operations: Review the latest WTM 4000 deployment data to quantify the total estimated carbon dioxide equivalent ($\text{CO}_2\text{e}$) savings for the top five customers in fiscal year 2025.