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Stock impact report

Gilat Receives Approximately $5 Million in Orders from US Defense Customers [Yahoo! Finance]

Gilat Satellite Networks Ltd. - Ordinary Shares (GILT) 
US:NASDAQ Investor Relations: gilat.com/investor-relations
Company Research Source: Yahoo! Finance
PETAH TIKVA, Isreal, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, today announced that it has been awarded contracts valued at approximately $5 million from multiple U.S. based defense organizations. These orders are for Gilat's cutting-edge satellite communications (SATCOM) technologies and comprehensive services, set to enhance mission-critical connectivity and operational capabilities for defense applications worldwide. The orders are expected to be delivered within the coming months. The equipment and services provided will ensure reliable, high-performance communication in a variety of challenging environments. Gilat will supply X, Ku, and Ka-band Block Upconverters (BUCs) for Communications-on-the-Move (COTM) systems, along with test and evaluation, repair, upgrades and engineering services, and field service. “We are honored to support U.S. defense Show less Read more
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