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The U.S. Department of Defense awarded a $10,000,000 follow-on order to DataPath, a U.S.-based subsidiary of Gilat Satellite Networks Ltd.
Gilat and DataPath will offer comprehensive integrated solutions built with best-of-breed components and technologies to customers worldwide.
Gilat’s international presence will provide DataPath with new opportunities to offer its advanced solutions outside the United States.
Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT) has signed a definitive agreement to acquire DataPath, Inc.
Gilat intends to work with DataPath’s leadership to support DataPath customers after the acquisition.
Tom Holman served in various engineering management positions at DataPath since 2005.
Michael Antonovich is the Vice President of International Sales and Business Development at DataPath.
Rockwell Collins divested DataPath in 2014 by selling the company for $10,000,000.
DataPath purchased Swe-Dish in 2007 for $56,000,000.
Rockwell Collins purchased DataPath in 2009 for $130,000,000.