Gilat Unit Gets Over $5 Million Orders From Defense Forces

MT Newswires Live
01-22

Gilat Satellite Networks (GILT) said Tuesday its Gilat DataPath unit has been awarded over $5 million in contracts from the US Department of Defense and other international defense forces.

The orders, for DKET terminals and Field Service Representative support, will be delivered over the next 12 months, the satellite networking technology company said. They include contract extensions and new agreements.

Shares of Gilat were up over 6% in recent trading.

Price: 7.11, Change: +0.44, Percent Change: +6.60

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