Recent Updates — AVNW

The Board of Directors appointed Khashayar Pakbaz as Senior Vice President and Chief Operations Officer, effective October 5, 2026. Pakbaz previously served as the company's Vice President, Chief Digital & Information Officer since June 1, 2026. His new role includes an annual base salary of $365,000, a target bonus of 50% of base, and a one-time restricted stock unit award valued at $200,000. The employment agreement features standard severance provisions for qualifying terminations and change-in-control scenarios. Aviat Networks designs and manufactures wireless broadband solutions for enterprise and government customers.

Aviat Networks received orders from an existing North American customer valued between $35 million and $40 million on September 2, 2026. The timing, scale, and scope of future deployment decisions remain subject to the Customer’s internal planning and market conditions. Aviat Networks operates in the telecommunications industry, providing wireless broadband solutions.