Gilat Awarded $28 Million Contract to Expand Connectivity in Peru
Gilat Satellite Networks (GILT) announced that its Peruvian subsidiary, Gilat Perú, has secured a $28 million contract with Pronatel, Peru’s national telecommunications program. The agreement aims to enhance broadband connectivity across the Ica region through infrastructure upgrades and satellite-based solutions. The project is expected to be completed by mid-2027, followed by a seven-year operational phase during which Gilat will manage the system's performance and maintenance. This contract aligns with Peru’s broader initiative to expand digital access in underserved areas using advanced telecommunications technologies. This win reinforces Gilat’s growing presence in Latin America and follows recent contracts such as its $32 million order for U.S. defense communications systems, signaling continued demand for the company's satellite-based connectivity solutions.
Tickers: $GILT
Topics: Broadband Infrastructure Government Contracts Satellite Communications