Gilat Secures Over $8 Million in Orders from the U.S. Department of War
Gilat Satellite Networks (GILT) announced that its Gilat DataPath division has received orders exceeding $8 million from the U.S. Department of War for field services and SATCOM system upgrades to support deployed military communications systems. The company expects deliveries over the next 12 months, indicating a near-term revenue boost. This order follows recent contracts totaling more than $32 million in transportable defense communication systems earlier this year and adds to Gilat's growing portfolio of U.S. government contracts. With continued demand for secure satellite communications from military operations, these orders reinforce the company’s strategic position in the defense sector. The latest contract is part of a broader trend where governments are increasing investments in resilient SATCOM infrastructure amid global security concerns.
Tickers: $GILT
Topics: defense orders satellite communications