GILT - Gilat Satellite trades high on subsidiary nabbing DoD orders

Gilat Satellite Networks' (GILT) +2.5% PM, subsidiary Wavestream received multi-million-dollar orders from the U.S. Department of Defense (DoD).Wavestream's unparalleled high-power 50W Ka-band military Block Upconverter powers the DoD military communications program."Wavestream has supported the military communication program since 2007 and continues to deliver high-quality products that meet the program’s stringent ruggedization and RF operation specifications," Wavesteam GM Bob Huffman commented.

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Gilat Satellite trades high on subsidiary nabbing DoD orders