Technology

Gilat Satellite Networks (NASDAQ: GILT, TASE: GILT) Secures $23 Million Contract for Satellite Transportable Terminal Services

Mon 07 Apr 25, 11:45 AM | Team Kalkine

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Highlights

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a leader in satellite networking technology, announced that its defense division, Gilat Defense, has secured a contract to provide ongoing sustainment and support services for Satellite Transportable Terminal (STT) units deployed globally. These terminals are crucial for U.S. Department of Defense (DoD) operations.

The contract, which has an initial term with options to extend over five years, is valued at up to $23 million. The services provided under the agreement include program management, field services, and technical support, ensuring the operational readiness and reliability of the terminals.

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