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The latest update is out from Gilat ( (GILT) ).
On February 18, 2025, Gilat Satellite Networks Ltd. announced the launch of its new Defense Division aimed at meeting the rising global demand for mission-critical SATCOM solutions. This strategic initiative focuses on providing secure communications to military and government organizations, particularly the U.S. Department of Defense and allied forces. By integrating expertise from its subsidiaries, Gilat aims to deliver resilient, high-performance connectivity solutions. The launch strengthens Gilat’s position in the defense sector, showcasing new technologies at the Satellite 2025 show.
More about Gilat
Gilat Satellite Networks Ltd. is a global leader in satellite-based broadband communications, providing technology solutions for satellite, ground, and new space connectivity. The company serves commercial and defense applications with products supporting multi-orbit constellations and Very High Throughput Satellites, offering services such as satellite terminals, antennas, and cybersecurity.
YTD Price Performance: 10.24%
Average Trading Volume: 421,100
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $386.6M
For detailed information about GILT stock, go to TipRanks’ Stock Analysis page.
