GILT Stock Shot Up Nearly 5% Today – What’s The Boeing Connection?

Gilat Satellite Networks (GILT) reported Q2 2026 revenues of $122.7M, up 17% YoY, and adjusted EBITDA of $15.4M. The company announced a strategic acquisition of Comtech’s Satellite and Space Communications segment, expected to close by year-end. Gilat secured significant defense contracts, including $11M from the U.S. DoD and a multi-million dollar order from the European Ministry of Defense. The company reaffirmed its 2026 guidance, anticipating revenues between $500M and $520M and adjusted EB

Gilat Satellite Networks (GILT) won a $32M U.S. Defense contract. It trades at a 1.42x P/S ratio, below its 3-year median of 1.57x. GF Value™ estimates it as 9.6% overvalued. GILT has a GF Score™ of 89, strong growth, but mixed insider and guru activity.

Gilat Satellite Networks Ltd. received a $32M order from the U.S. Department of War for DKET Systems, with deliveries expected over the next year. The order expands Gilat DataPath's activity and strengthens Gilat Defense's position in U.S. mission-critical communications programs. The company designs and manufactures satellite ground segment and networking communications equipment.

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) received a $32M order from the U.S. Department of War for multi-band DKET systems. Deliveries are expected over the next 12 months, supporting the company's defense communications programs and growth in strategic markets.

Gilat Satellite Networks (GILT) received a $32M order from the U.S. Department of War for multi-band DKET systems. Deliveries are expected over the next 12 months, supporting U.S. defense network resilience. The award expands Gilat's role in mission-critical communications programs.

Gilat Satellite Networks (GILT) plans to acquire Comtech's space division for $157.5M in cash, focusing on ground infrastructure for satellite communications. The deal aims to boost Gilat's revenue to $700M and profit to $80M annually, leveraging Comtech's Troposcatter systems and military modems. Gilat's share price has surged 170% since a previous failed acquisition attempt by Comtech.