Gilat Lands $4M Defense Contract for Advanced DKET 3421 Satcom Terminals, Aiding Global Mission Readiness
Portfolio Pulse from Benzinga Newsdesk
Gilat Satellite Networks Ltd. has secured a $4 million contract from the US Department of Defense for its DKET 3421 satcom terminals, enhancing global mission readiness. The contract is expected to be fulfilled by the first half of 2025.
October 28, 2024 | 11:08 am
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Gilat Satellite Networks Ltd. has been awarded a $4 million contract by the US Department of Defense for its DKET 3421 satcom terminals, which are crucial for mission-critical communications.
The $4 million contract from the US Department of Defense is a significant win for Gilat, indicating trust in their technology and potentially boosting their revenue and market position. The delivery timeline by the first half of 2025 suggests a positive outlook for future earnings.
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