Why Comtech Telecommunications Shares Are Falling On Wednesday? - Comtech Telecom (NASDAQ:CMTL)

Comtech Announces Definitive Agreement to Sell Most of Its Satellite and Space Communications Business to…

Comtech sells Satellite division to Gilat for $157.5M, refocusing on public safety (Allerium). Market pivot: agencies demand AI-enhanced real-time data systems for emergency response, replacing voice-centric platforms with intelligent coordination and decision-support tools.