• Gilat acquires Comtech's satellite and space division for $157.5 million.
• The acquired business generated $195 million in revenue over the past year.
• Gilat's defense segment expected to account for over 40% of combined company's revenues.
• Global defense satellite communications market valued at over $2 billion.

Gilat's acquisition may signal a significant shift in the global defense-tech market, as the company expands its presence in the US and deepens its access to government and military budgets. This move could indicate a growing trend towards open and hybrid architectures in satellite communications, which may challenge the dominance of closed systems like Starlink.