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Gilat to acquire Comtech's Satellite & Space segment for $157.5M, boosting defense and satellite communications revenue.

Company Fundamentals
15 Jun 2026
Na
View Source
Bullish
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Gilat Satellite Networks announced it will acquire Comtech Telecommunications' Satellite & Space Communications segment for $157.5 million in cash. This acquisition will create a company with projected annual revenue exceeding $700 million, more than doubling Gilat's defense revenues and expanding its presence in the U.S. and global defense markets. The deal, expected to close by the end of 2026 pending regulatory approvals, enhances Gilat's capabilities in satellite ground infrastructure, space electronics, and over-the-horizon communications. Gilat aims to leverage this to serve larger, more complex defense and space programs worldwide.

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