Gilat Defense secured a $9 million contract for advanced satellite communication modems from Israel's Ministry of Defense.
Quiver AI Summary
Gilat Defense has secured a $9 million contract from Israel's Ministry of Defense to provide advanced satellite communication systems and services, including next-generation defense modems. These modems are critical for enhancing the capability of secure, reliable, and flexible communications for mission-critical military operations, particularly in challenging environments. Gilad Landsberg, President of Gilat Defense, emphasized the significance of advanced satellite communications in modern defense and expressed pride in contributing high-performance solutions to the Israeli defense sector. Gilat Satellite Networks, with over 35 years of expertise, specializes in satellite-based broadband communications and offers a range of integrated solutions for both commercial and defense applications.
Potential Positives
- Gilat Defense has secured a $9 million contract from Israel’s Ministry of Defense, highlighting its strong presence in the defense sector.
- The advanced modems to be delivered are designed for mission-critical operations, enhancing the capabilities of secure satellite communications.
- This contract reinforces Gilat's reputation as a leader in satellite networking technology and demonstrates its commitment to high-performance solutions for defense applications.
Potential Negatives
- Dependence on government contracts, as evidenced by the reliance on a $9 million order from Israel’s Ministry of Defense, which may not guarantee future revenue stability.
- The press release includes a cautionary note about various risks and uncertainties that could significantly impact future performance, indicating potential vulnerabilities in the company's operations.
- Potential challenges related to international operations, especially given Gilat's location in Israel, which may expose the company to geopolitical risks that could affect business continuity.
FAQ
What is the significance of Gilat Defense's $9 million contract?
The contract with Israel's Ministry of Defense underscores the importance of advanced satellite communications for modern defense operations.
What type of technology is Gilat providing for defense?
Gilat is delivering next-generation modems that enhance secure and reliable satellite communications for mission-critical operations.
How does Gilat's solution ensure operational reliability?
The modems are engineered to function dependably in harsh environments, providing robust connectivity across various operational scenarios.
Who is behind Gilat Satellite Networks?
Gilat Satellite Networks is a leading global provider of satellite-based broadband communications with over 35 years of industry experience.
What applications does Gilat's technology support?
Gilat’s technology supports government and defense, mobility, cellular backhaul, enterprise, aerospace, and critical infrastructure applications.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$GILT Hedge Fund Activity
We have seen 66 institutional investors add shares of $GILT stock to their portfolio, and 63 decrease their positions in their most recent quarter.
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$GILT Analyst Ratings
Wall Street analysts have issued reports on $GILT in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Needham issued a "Buy" rating on 02/10/2026
To track analyst ratings and price targets for $GILT, check out Quiver Quantitative's $GILT forecast page.
Full Release
Gilat Defense will deliver advanced modems to support and scale secure, mission-critical satellite communications for defense operations
PETAH TIKVA, Israel, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that its defense division, Gilat Defense, has been awarded a contract valued $9 million by Israel’s Ministry of Defense for the delivery and integration of satellite communication systems and services.
The order includes next generation defense modems which are a key component of Gilat’s ground system Defense solution. These modems will significantly enhance the system’s ability to deliver secure, reliable, and flexible communications. Built for mission-critical operations, they are engineered to operate dependably in harsh and unpredictable environments, ensuring robust connectivity across a wide range of operational scenarios.
“This contract highlights the continued importance of advanced SATCOM as an enabler for modern defense forces,” said Gilad Landsberg, President of Gilat Defense . “We are proud to once again deliver high-performance solutions to the Israel Ministry of Defense, reflecting the depth of our defense expertise and our commitment to meeting complex operational requirements.”
About Gilat
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.
Together with our wholly owned subsidiaries Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu, we offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a software-defined platform and modems, high-performance satellite terminals, advanced Satellite On-the-Move (SOTM) antennas and ESAs, highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services.
Gilat’s products and tailored solutions support multiple applications including government and defense, IFC and mobility, cellular backhaul, enterprise, aerospace and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://www.gilat.com
Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel. For additional information regarding these and other risks and uncertainties associated with Gilat’s business, reference is made to Gilat’s reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason.
Contact:
Gilat Satellite Networks
