Gilat ( (GILT) ) has provided an update.
On April 9, 2025, Gilat Satellite Networks Ltd. announced that its Defense Division secured a contract worth over $11 million from a leading UAV company for its DKET 3420 transportable satellite communication hubs. These hubs are designed for rapid deployment and high-performance connectivity in mission-critical operations, supporting multi-carrier operations with scalable modem architecture. This contract highlights Gilat’s significant role in delivering cutting-edge SATCOM solutions for defense applications worldwide, reinforcing confidence in their technology and commitment to meeting the evolving needs of defense customers.
Spark’s Take on GILT Stock
According to Spark, TipRanks’ AI Analyst, GILT is a Neutral.
Gilat’s stock performance is bolstered by strong financial results and positive earnings call insights, reflecting growth potential driven by strategic acquisitions. However, technical indicators show a bearish trend, and valuation metrics are moderate. The overall score reflects a balanced assessment of growth prospects and near-term challenges.
To see Spark’s full report on GILT stock, click here.
More about Gilat
Gilat Satellite Networks Ltd. is a global leader in satellite-based broadband communications. With over 35 years of experience, the company develops and delivers advanced technology solutions for satellite, ground, and new space connectivity. Gilat offers next-generation solutions and services for critical connectivity across commercial and defense applications. The company, along with its subsidiaries, provides integrated solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS). Their comprehensive portfolio includes satellite terminals, antennas, amplifiers, and cybersecurity services, catering to government, defense, and various commercial sectors.
YTD Price Performance: -11.06%
Average Trading Volume: 428,349
Technical Sentiment Signal: Strong Buy
Current Market Cap: $326.1M
For a thorough assessment of GILT stock, go to TipRanks’ Stock Analysis page.