GILT - Gilat inks strategic agreement with APAC based government corporation

Gilat Satellite Networks (GILT) trades 5.5% higher premarket after entering into a strategic agreement, worth significant value, including a potential for significant project expansions, with a large government corporation in Asia Pacific.The equipment and multi-year managed-services contract will enable connectivity for multiple applications across the nation.Gilat's multi-service single platform, SkyEdge II-c and its wide set of fine-tuned VSATS, will meet the government's requirement for robust connectivity to the country's most remote areas.

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Gilat inks strategic agreement with APAC based government corporation