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Gilat Satellite shifts toward defense-centric revenue and pursues Comtech acquisition

The Motley Fool +1 · ·by G4L

GILT
GILT Gilat Satellite Networks
$6.03 -20.45%
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  1. 1Gilat recorded total revenue of $116.2 million in the third quarter of 2026.
  2. 2Gilat achieved an adjusted EBITDA of $17.6 million in the third quarter of 2026, a 13% increase year-over-year.
  3. 3Gilat Satellite Networks Ltd. is seeking regulatory approval to acquire Comtech Satellite and Space.

So what's the key point?

Gilat's revenue reached $116.2 million. The company is working to change its revenue structure by pursuing the acquisition of Comtech.

Source The Motley Fool +1 · View original ↗

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