Gilat Bags Over $5M From A National Defense Organization To Upgrade Transportable SATCOM Network Hubs
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Gilat Satellite Networks Ltd. (GILT) has secured a contract worth over $5 million from a national defense organization to upgrade its transportable SATCOM network hubs.
July 16, 2024 | 11:04 am
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Gilat Satellite Networks Ltd. (GILT) has secured a contract worth over $5 million from a national defense organization to upgrade its transportable SATCOM network hubs.
The $5M+ contract from a national defense organization is a significant revenue boost for Gilat Satellite Networks Ltd. (GILT). This deal not only enhances the company's financial position but also strengthens its reputation in the defense sector, likely leading to positive short-term stock price movement.
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