Gilat Satellite Networks (GILT) has released an update.
Gilat Satellite Networks has announced a significant contract with the US Department of Defense, valued at over $5 million, to provide baseband equipment for satellite communication systems. The equipment will enhance the capabilities of the Department’s transportable satcom hubs, ensuring reliable and flexible communication for operations around the globe. This deal underscores the trust in Gilat’s advanced technology solutions and marks a continuation of their commitment to delivering top-tier communication infrastructure.
For further insights into GILT stock, check out TipRanks’ Stock Analysis page.
