Comtech Telecommunications provides critical communications technology across two segments: Satellite and Space Communications, and Allerium (public safety). The Satellite and Space segment designs and manufactures satellite modems, amplifiers, and troposcatter systems — hardware that transmits voice, video, and data over satellite networks or over-the-horizon without satellite connectivity. Comtech sells these products directly to the U.S. government, allied militaries, and major defense primes including Lockheed Martin, L3Harris, and Northrop Grumman. Revenue is driven by contract awards and delivery schedules, with margins improving as programs shift from development into volume production. Allerium provides Next Generation 911 infrastructure, routing emergency calls, determining caller location, and enriching calls with data like text, photos, and video. Allerium's customers include state and local governments — Comtech holds primary NG-911 contracts in nine states — and major telecom carriers including Verizon and AT&T. Allerium generates highly recurring revenue through long-term, multi-year services contracts, and produces higher and more consistent margins than the Satellite and Space segment. Comtech has been executing a turnaround under a CEO who joined in early 2025, focused on exiting low-margin contracts and legacy products, transitioning defense modem programs from development into production, launching a new cloud-native NG-911 platform, reducing headcount by roughly 23%, and paying down debt.