Gilat Satellite Networks Receives $6 Million Military Communications Contract

MT Newswires Live

03/05

Gilat Satellite Networks (GILT) said Wednesday it received a $6 million contract to supply its SkyEdge II-c satellite communications platform to an unnamed military customer in the Asia-Pacific region.

The company said the system is expected to support stationary and mobile defense sites with secure connectivity.

Delivery is expected within the next three months, Gilat said.

GILT shares were 0.8% higher in recent premarket activity.

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