Gilat to Acquire Comtech’s Satellite & Space Communications Segment¹ Creating a Leading Provider of Advanced Defense and Satellite Communications Solutions
Gilat Satellite Networks announced a $157.5 million acquisition of Comtech Telecommunications' Satellite & Space Communications segment. This strategic move significantly expands Gilat's scale in the satellite ground infrastructure market, more than doubles its defense revenues, and enhances its U.S. presence and technology portfolio, positioning t…