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Gilat Secures $7 Million U.S. Army Contract for Communication Services

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Gilat Secures $7 Million U.S. Army Contract for Communication Services

Elevate Your Investing Strategy:

Gilat ( (GILT) ) has provided an update.

On July 16, 2025, Gilat Satellite Networks announced that its subsidiary, Gilat DataPath, secured a contract exceeding $7 million to provide field and technical services to the U.S. Army, with potential expansion up to $70 million over five years. This award highlights Gilat’s robust capabilities in delivering critical satellite communication services, reinforcing its position as a key player in modernizing defense communication systems.

The most recent analyst rating on (GILT) stock is a Buy with a $8.50 price target. To see the full list of analyst forecasts on Gilat stock, see the GILT Stock Forecast page.

Spark’s Take on GILT Stock

According to Spark, TipRanks’ AI Analyst, GILT is a Neutral.

Gilat’s overall stock score is driven by strong technical analysis and financial performance, despite valuation concerns and mixed earnings call insights. The company’s growth strategy and market positioning are promising, but profitability and margin challenges need addressing to sustain investor confidence.

To see Spark’s full report on GILT stock, click here.

More about Gilat

Gilat Satellite Networks Ltd. is a global leader in satellite-based broadband communications, offering advanced technology solutions for satellite, ground, and new space connectivity. With over 35 years of experience, the company provides next-generation solutions for commercial and defense applications, supporting multi-orbit constellations, Very High Throughput Satellites, and Software-Defined Satellites through its Commercial and Defense Divisions.

Average Trading Volume: 399,149

Technical Sentiment Signal: Buy

Current Market Cap: $420.8M

See more data about GILT stock on TipRanks’ Stock Analysis page.

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