Gilat (GILT) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Gilat Satellite Networks has secured a significant contract, valued at over $4 million, from the US Department of Defense for its innovative DKET 3421 terminals. These portable satellite communication hubs enhance mission-critical communications with their flexibility and high-performance capabilities, demonstrating Gilat’s continued success in meeting demanding military requirements. The order underscores the trust in Gilat’s technology and its ability to adapt to the evolving needs of defense operations.
For further insights into GILT stock, check out TipRanks’ Stock Analysis page.