Gilat Satellite Networks' Unit Wins Over $4 Million US Defense Contract

MT Newswires Live10-28

Gilat Satellite Networks (GILT) said Monday its DataPath unit has won a US Department of Defense contract worth over $4 million for the provision of DKET 3421 terminals.

The terminals, meant to deploy portable satcom network hubs, will likely be delivered in H1 2025, the company said.

Gilat Satellite Networks' shares were up 2.6% in recent Monday premarket activity.

Price: 5.0500, Change: +0.13, Percent Change: +2.64

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