Gilat (GILT) has released an update.
Gilat Satellite Networks Ltd. has announced that its subsidiary DataPath Inc has secured contracts valued over $5M to provide critical services and technological upgrades for the US Department of Defense’s satellite communications systems. The contracts will enhance the capabilities and efficiency of Satellite Transportable Terminal units and other satellite communication equipment, reflecting the company’s commitment to supporting military communications and advancing national security.
For further insights into GILT stock, check out TipRanks’ Stock Analysis page.