
Gilat stock rises following $40M contract win
Investing.com -- Shares of Gilat Satellite Networks Ltd (NASDAQ:GILT). (NASDAQ:GILT, TASE: GILT) climbed 6.8% as the company announced a significant $40 million contract for its SkyEdge IV platform, expected to be fulfilled over the next 24 months. The contract underscores the market’s confidence in Gilat’s advanced satellite networking technology and its strategic move towards a virtualized, ...