GILT - Gilat scores big contract for U.S. military communications program

Gilat Satellite (GILT) is up another 2.6% premarket after its subsidiary Wavestream received a multi-million-dollar order from the United States Government for a military communication program contract."With this award, Wavestream achieves an industry record shipment milestone by surpassing 5,000 units of its high-power 50W Ka-band military Block Upconverter to be delivered to this military program," reads a press release."Wavestream is honored to be the vendor of choice for the US government military communication program and to be reliably supplying its high-power 50W Ka-band BUC for over 14 years. This product is the most widely deployed solid state amplifier built at this power level," said Bob Huffman, Wavestream’s General Manager.

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Gilat scores big contract for U.S. military communications program