Gilat Defense secures a $16 million contract to supply transportable satellite terminals to a European Ministry of Defense.
Quiver AI Summary
Gilat Satellite Networks Ltd. announced a significant order worth over $16 million from a European Ministry of Defense for the supply of multiple DKET 3421 transportable terminals, marking Gilat Defense's first contract with this Ministry. The DKET 3421 is a rugged, combat-proven satellite terminal designed for high-throughput and resilient connectivity, suitable for forward-deployed military forces. With deliveries expected over the next 12 months, Gilat's President, Nicole Robinson, emphasized the company's commitment to supporting sovereign defense communication programs and expanding its presence in Europe. Gilat provides a range of satellite networking solutions for both commercial and defense applications, backed by over 35 years of industry experience.
Potential Positives
- First contract with a European Ministry of Defense, marking a significant expansion into the European defense market.
- Order valued at over $16 million, indicating strong demand for Gilat's technology and solutions.
- Product, DKET 3421, is combat-proven and tailored for demanding mission requirements, enhancing the company's reputation in defense applications.
- Statement from the President emphasizes commitment to supporting sovereign defense communication programs, reinforcing the company's strategic positioning in the market.
Potential Negatives
- Company's reliance on international contracts exposes it to geopolitical risks, which could impact future earnings and operations.
- Forward-looking statements highlight potential inability to maintain market acceptance and competition pressures, indicating vulnerabilities in the business model.
- Emphasis on expansion in Europe may draw attention to challenges faced in other markets, suggesting uneven growth prospects.
FAQ
What is the recent contract announced by Gilat DataPath?
Gilat DataPath announced a $16 million contract to supply DKET 3421 terminals to a European Ministry of Defense.
What is the DKET 3421 terminal designed for?
The DKET 3421 is a 4.2 meter transportable terminal designed for high-throughput, resilient military communication.
How does the DKET 3421 enhance military communications?
It features multi-carrier capability and a scalable modem architecture, enabling flexible and rapid deployable connectivity.
Which organizations already use the DKET 3421?
The DKET 3421 is already relied upon by the U.S. Army and various Ministries of Defense globally.
How does Gilat support defense communication programs?
Gilat provides secure and relocatable SATCOM infrastructure, meeting the demanding requirements of modern defense organizations.
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 59 institutional investors add shares of $GILT stock to their portfolio, and 61 decrease their positions in their most recent quarter.
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$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
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Full Release
Represents Gilat Defense’s First Contract with this MoD, Expanding its Presence in support of European S overeign D efense P rograms
PETAH TIKVA, Israel, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announced that Gilat DataPath received an order for over $16 million to supply multiple units of the DKET 3421 transportable terminal to a European Ministry of Defense. Deliveries are expected over the next 12 months.
Gilat DataPath’s WGS-certified DKET 3421 is a combat-proven, 4.2 meter, rugged terminal designed to meet the most demanding mission requirements. Featuring multi-carrier capability and a scalable modem architecture of up to 32 modems, the system enables high-throughput, resilient connectivity for forward-deployed forces. With defense organizations increasingly focused on flexible and rapidly deployable communications, the DKET platform has become a trusted global solution for hub-class SATCOM infrastructure in dynamic environments.
“We are proud to support sovereign defense communication programs with secure and relocatable SATCOM infrastructure,” said Nicole Robinson, President, Gilat DataPath . “Our expanding presence across Europe is driven by clear demand for field‑proven systems like our DKET 3421, already relied on by the U.S. Army and Ministries of Defense around the world.”
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
