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Gilat Lands $5M Defense Contract for SATCOM Upgrades
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Gilat Lands $5M Defense Contract for SATCOM Upgrades

Gilat (GILT) has released an update.

Gilat Satellite Networks Ltd. has secured over $5 million from a National Defense Organization to upgrade their transportable SATCOM network hubs through its U.S. subsidiary, DataPath Inc. This deal reaffirms the company’s stature as a key player in providing advanced, reliable communications technology for mission-critical defense operations. Gilat’s dedication to long-term customer support is evidenced by extending the service life of its products beyond initial projections, highlighting the value and trust placed in its solutions.

For further insights into GILT stock, check out TipRanks’ Stock Analysis page.

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