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Gilat Secures Multimillion Defense Contract for Advanced Antenna Technology

Story Highlights

The latest announcement is out from Gilat ( (GILT) ).

On April 15, 2025, Gilat Satellite Networks Ltd. announced that its Defense Division received a multimillion-dollar order from a global defense organization for advanced antenna technology. This order, scheduled for delivery towards the end of 2025, underscores Gilat’s commitment to providing high-performance solutions that meet stringent defense requirements, enhancing its industry positioning and reinforcing its reputation for technological excellence.

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 leading global provider of satellite-based broadband communications, with over 35 years of experience in developing and delivering technology solutions for satellite, ground, and new space connectivity. The company offers next-generation solutions and services for critical connectivity across commercial and defense applications, supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS). Gilat’s comprehensive portfolio includes satellite terminals, antennas, amplifiers, and integrated ground systems for various markets, including government, defense, and enterprise sectors.

YTD Price Performance: -2.93%

Average Trading Volume: 421,043

Technical Sentiment Signal: Buy

Current Market Cap: $340.4M

Learn more about GILT stock on TipRanks’ Stock Analysis page.

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