Gilat Satellite Networks Ltd. is a global provider of satellite-based broadband communications, delivering technology solutions for satellite, ground, and new space connectivity. They offer end-to-end solutions and services, including cloud-based platforms, satellite terminals, SOTM antennas, SSPAs, and BUCs, supporting multi-orbit constellations, VHTS, and SDS. Gilat partners with satellite operators, service providers, and MNOs, serving commercial and defense markets. Keywords associated with Gilat are satellite communications, broadband, ground systems, and connectivity solutions.
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Gilat Defense supplies mission-critical services and communications systems for U.S. defense operations.
Gilat Defense’s terminals are intended to maintain resilient connectivity across battlefield scenarios and support dynamic communications needs for deployed defense units.
Gilat Defense’s custom satellite communications terminals are ruggedized for demanding field conditions and support advanced multi-orbit operability.
Gilat Defense’s new work is part of a longer-term relationship with U.S. defense customers seeking resilient, multi-orbit connectivity options.
The U.S. Department of War will receive Gilat DataPath deliveries under the new orders within 12 months.
Gilat Defense’s systems are designed to provide trusted satellite communications where terrestrial networks are degraded, contested, or unavailable.
Gilat Defense has an existing footprint in U.S. military communications support.
Gilat DataPath received orders totaling about $11 million to supply field services and customized satellite communications terminals to the U.S. Department of War over the next year.
The acquisition strengthens Gilat’s presence in the United States aerospace and defense ecosystem.
Gilat Satellite Networks signed a definitive agreement to acquire a majority stake in Comtech Telecommunications Corporation’s Satellite & Space Communications division.
The closing of Gilat Satellite Networks’ acquisition of Comtech’s Satellite & Space Communications division is expected by the end of 2026.
The boards of Gilat Satellite Networks and Comtech Telecommunications Corporation approved the acquisition unanimously.
The Gilat acquisition of Comtech’s Satellite & Space Communications division is structured as a cash-free and debt-free transaction with a $157.5 million cash payment, subject to customary working-capital adjustments.
The Gilat acquisition of Comtech’s Satellite & Space Communications division requires approvals from CFIUS, the FTC, and the U.S. Department of Justice under the Hart-Scott-Rodino Act.
The acquisition expands Gilat’s access to customers including NASA, other space agencies, and military and defense organizations worldwide.
Ken Traub said that Gilat will be the ideal home for Comtech’s Satellite & Space division after the transaction.
Comtech had agreed six years earlier to be acquired by Gilat for $577 million before that deal collapsed during the onset of the COVID-19 pandemic.
The Gilat-Comtech transaction is valued at $157.5 million cash-free and debt-free.
The boards of directors of Gilat and Comtech unanimously approved the transaction.
Gilat Satellite Networks will acquire the majority of Comtech Telecommunications’ Satellite & Space Communications segment.