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2 clusters · 4 sources · 15 days · First seen · Last updated

Gilat Satellite Networks defense contract expansion

Overview

Gilat Satellite Networks and its subsidiary, Gilat DataPath, have secured multiple defense-related contracts. Initially, the company obtained orders exceeding $8 million from the U.S. Department of War for field services and SATCOM system upgrades to support deployed military communications.

Subsequent developments indicate a significant increase in contract value, with the company securing over $32 million in total for its satellite communications technology. This includes the previous $8 million in U.S. Department of Defense orders for modernization and a separate order exceeding $10 million for the SkyEdge IV multi-orbit platform. Beyond defense, the company also announced a $28 million project in Peru to expand broadband connectivity.

Entities

Gilat DataPath · U.S. Department of Defense · U.S. Department of War · SkyEdge IV · Gilat Satellite Networks Ltd.

Timeline

  1. [BUSINESS] 2 sources
    Gilat Satellite Networks secures over $32 million in defense contracts

    Gilat Satellite Networks has secured over $32 million in U.S. defense contracts for satellite system modernization, alongside a $28 million broadband expansion project in Peru.

  2. [BUSINESS] 2 sources
    Gilat DataPath secures $8 million in U.S. defense orders

    Gilat DataPath received over $8 million in orders from the U.S. Department of War for SATCOM system upgrades and field services to support military communications.

Sources

ad-hoc-news.de · euro-sd.com · stocknews.com · tradingview.com