Gilat's Bolder Gambit: Defense, In Flight Growth in Play Gilat Satellite Networks' planned acquisition of Comtech marks a significant strategic shift for the company, one that could have far reaching implications for both its commercial and defense businesses.
The deal, worth $157 million in cash, would bring in around $200 million in revenue from Comtech's existing contracts.
Comtech offers a range of technologies, including troposcatter communications and space components, which expand Gilat's product portfolio and deepen its involvement in adjacent markets.