Gilat Satellite Networks Secures Multimillion Contract Extension To Provide Services For A Satellite Operator In Asia-Pacific Region For An Additional Period Of 12 Months
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Gilat Satellite Networks has secured a multimillion-dollar contract extension to provide services for a satellite operator in the Asia-Pacific region for an additional 12 months. This extension will allow Gilat to continue enhancing network performance and reliability for the operator's service coverage.
September 30, 2024 | 11:12 am
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Gilat Satellite Networks has secured a contract extension worth millions, which will enhance its revenue stream and strengthen its position in the Asia-Pacific market.
The contract extension is significant for Gilat as it ensures continued revenue from a key market and strengthens its market position. This positive development is likely to have a favorable impact on GILT's stock price in the short term.
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