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AEROSPACE NEWS

Gilat Acquires Comtech Satcoms Business

Key Takeaways
  • Gilat to buy Comtech's satellite ground infrastructure solutions.
  • Deal worth $157.5 million in cash.
  • Acquisition includes anti-jam tactical modems and satellite ground systems.
  • Gilat expects annual revenue to exceed $700 million.
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Strategic Implications

This acquisition may indicate Gilat's growing ambitions in the defense sector, which could strengthen its competitive position against other satellite communications providers. The deal suggests a strategic expansion of Gilat's capabilities, potentially increasing its presence in the US market and enabling it to compete for larger defense contracts.

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What Happened

Israeli Firm Expands Defense Capabilities In $157 Million Deal

Gilat Satellite Networks is expanding its defense capabilities by acquiring Comtech’s satellite ground infrastructure solutions and other space communications equipment assets for $157.5 million. The acquisition, which includes anti-jam tactical modems and satellite ground systems, is expected to increase Gilat’s annual revenue to more than $700 million. The deal follows a failed merger attempt between the two companies six years ago. According to SpaceNews, the acquisition is part of Gilat’s strategy to grow its defense business and increase its presence in the US market.

Source

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JUMPSEAT
AEROSPACE NEWS
JUMPSEAT
AEROSPACE NEWS

Gilat Acquires Comtech Satcoms Business

Sponsored by: Jumpseat Solutions
Key Takeaways
  • Gilat to buy Comtech's satellite ground infrastructure solutions.
  • Deal worth $157.5 million in cash.
  • Acquisition includes anti-jam tactical modems and satellite ground systems.
  • Gilat expects annual revenue to exceed $700 million.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
Upgrade
Strategic Implications

This acquisition may indicate Gilat's growing ambitions in the defense sector, which could strengthen its competitive position against other satellite communications providers. The deal suggests a strategic expansion of Gilat's capabilities, potentially increasing its presence in the US market and enabling it to compete for larger defense contracts.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

Israeli Firm Expands Defense Capabilities In $157 Million Deal

Gilat Satellite Networks is expanding its defense capabilities by acquiring Comtech’s satellite ground infrastructure solutions and other space communications equipment assets for $157.5 million. The acquisition, which includes anti-jam tactical modems and satellite ground systems, is expected to increase Gilat’s annual revenue to more than $700 million. The deal follows a failed merger attempt between the two companies six years ago. According to SpaceNews, the acquisition is part of Gilat’s strategy to grow its defense business and increase its presence in the US market.

Source

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