MARKET WIRE NEWS

Gilat Receives Approximately $6 Million in Orders Supporting U.S. Army Global Communications Operations

MWN-AI** Summary

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) recently announced that its subsidiary, Gilat DataPath, has secured approximately $6 million in new orders to provide field and technical services for the U.S. Army. This contract is part of a multi-year engagement under the U.S. Army's GTACS II framework and will see services delivered over the next six months. The ongoing partnership highlights the U.S. Army's continued confidence in Gilat's capabilities to enhance operational readiness through reliable communications technology.

Nicole Robinson, President of Gilat DataPath, emphasized the company's commitment to delivering high-quality services tailored to meet the demanding needs of the Army's global missions. This contract aligns with Gilat's extensive experience in satellite networking technology, which spans over 35 years and encompasses innovative solutions and services designed for both military and commercial applications.

Gilat Satellite Networks offers a broad portfolio of advanced satellite communications solutions, including satellite terminals, high-performance antennas, power amplifiers, and integrated ground systems. The company's focus on connectivity spans various sectors, such as government and defense, aviation, and critical infrastructure, and it aims to support modern military operations with robust and adaptable technology.

The announcement points to Gilat's strategic positioning in the satellite communications market and its commitment to meeting stringent service level requirements. However, it is essential to note that the company's growth may face risks typical in the tech sector, such as market competition and technological changes. Investors should keep abreast of Gilat's developments and potential impacts from external factors affecting the broader economic landscape. For further information, visit Gilat’s website at http://www.gilat.com.

MWN-AI** Analysis

Gilat Satellite Networks Ltd. (NASDAQ: GILT) has recently announced the receipt of approximately $6 million in orders to support the U.S. Army's Global Communications Operations. This development is significant as it underscores the U.S. Army's continued trust in Gilat's capabilities, especially in a period marked by heightened geopolitical tensions and military engagement.

From an investment standpoint, several factors merit attention. The repeat orders are indicative of a strong multi-year engagement under the GTACS II contract, hinting at ongoing revenue stability. This sustained relationship with the U.S. Army not only enhances Gilat’s credibility but also positions the company favorably in the defense sector, which is often shielded from volatility seen in commercial markets.

Moreover, Gilat's expertise in innovative satellite technology solutions, such as Very High Throughput Satellites (VHTS) and Software-Defined Satellites (SDS), further differentiates it from competitors. As the demand for secure, robust communication solutions continues to grow among defense and commercial entities, Gilat could experience an expansion in market share.

Investors should also consider the company's operational resilience. Given that Gilat has over 35 years of experience in the satellite communications field, its established infrastructure and technological expertise suggest an ability to execute projects efficiently, reducing potential execution risks.

However, it’s warranting to remain cautious about inherent risks in the defense sector, including budget fluctuations and changing governmental policies impacting defense spending. Additionally, competition in the satellite communications industry may exert pressure on margins.

In conclusion, Gilat presents a promising investment opportunity bolstered by its recent contract wins and technological advancements. Investors are advised to closely monitor their operational performance while considering broader market conditions that may affect its growth trajectory.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

PETAH TIKVA, Israel, March 10, 2026 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today that Gilat DataPath has received approximately $6 million in new orders to continue delivering field and technical services in support of the U.S. Army. Services will be delivered over the next 6 months.

This order extends Gilat’s support for another period as part of its multi?year engagement with the U.S. Army’s Program Executive Office for Command, Control and Communications Networks (PEO C3N) under the GTACS II contract vehicle.

“This next phase of orders reflects the U.S. Army’s continued confidence in Gilat to support operational readiness with proven, dependable capabilities,” said Nicole Robinson, President of Gilat DataPath. “Our team remains deeply committed to delivering the responsiveness, expertise, and service quality required to support the Army’s demanding global mission.”

About Gilat

Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.

Together with our wholly owned subsidiaries Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu, we offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a software-defined platform and modems, high-performance satellite terminals, advanced Satellite On-the-Move (SOTM) antennas and ESAs, highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services.

Gilat’s products and tailored solutions support multiple applications including government and defense, IFC and mobility, cellular backhaul, enterprise, aerospace and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://www.gilat.com

Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel. For additional information regarding these and other risks and uncertainties associated with Gilat’s business, reference is made to Gilat’s reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason.

Contact:
Gilat Satellite Networks
PublicRelations@gilat.com


FAQ**

How does the new $6 million order enhance the position of Gilat Satellite Networks Ltd. GILT within the competitive landscape of satellite networking technologies?

The $6 million order strengthens Gilat Satellite Networks Ltd.'s competitive position by enhancing its financial stability, expanding its market reach, and demonstrating increased customer confidence in its satellite networking technologies amidst growing industry demand.

In what ways does the ongoing engagement with the U.S. Army's PEO C3N reflect on the long-term strategic vision of Gilat Satellite Networks Ltd. GILT?

Gilat Satellite Networks Ltd.'s ongoing engagement with the U.S. Army's PEO C3N underscores its commitment to developing cutting-edge satellite communication solutions that align with military needs, positioning the company to strengthen its market presence and long-term growth.

What specific technologies and services provided by Gilat Satellite Networks Ltd. GILT are crucial for meeting the operational readiness demands of the U.S. Army?

Gilat Satellite Networks Ltd. provides essential technologies such as satellite communication systems, high-throughput satellite (HTS) services, and advanced networking solutions that enhance connectivity, operational flexibility, and real-time data transmission for U.S. Army readiness.

How does Gilat Satellite Networks Ltd. GILT plan to address potential risks and uncertainties that may impact its future performance in the defense sector?

Gilat Satellite Networks Ltd. plans to mitigate potential risks in the defense sector by enhancing its technology, diversifying its customer base, strengthening partnerships, and continuously monitoring regulatory changes and market dynamics to adapt proactively.

**MWN-AI FAQ is based on asking OpenAI questions about Gilat Satellite Networks Ltd. (NASDAQ: GILT).

Gilat Satellite Networks Ltd.

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