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GILT - Gilat Satellite Networks nabs solid state amplifiers order worth $5M
Gilat Satellite Networks Ltd.
Gilat Satellite Networks (NASDAQ:GILT) announced a follow-on order of $5M+ from a Tier-1 US global military terminal provider for Solid State Power Amplifiers for satellite communication terminals sold to militaries across the world. Further contract expansion for Wavestream MicroStream SSPAs is expected in the near future. Gilat's fully-owned subsidiary, Wavestream, will provide tightly integrated MicroStream frequency conversion/amplifier units.