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Gilat to acquire Comtech’s satellite & space communications segment for $157.5M, targeting U.S. defense satcom growth

Gilat Satellite Networks has signed a definitive agreement to buy the majority of Comtech Telecommunications’ Satellite & Space Communications segment for $157.5 million in cash (cash-free, debt-free), subject to working-capital adjustments. Gilat said the deal is designed to expand defense capabilities and consolidate ground satcom technology under one provider.

2026-06-15T03:46:22.094115-07:00

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