Gilat Satellite Networks Ltd. (GILT) Lands New Defense and Aviation Orders

Gilat Satellite Networks Ltd. (NASDAQ:GILT) is one of the tech stocks to sell right now, according to Cathie Wood. By Q3 2025, ARK Investment owned 246,235 shares of Gilat Satellite Networks Ltd. (NASDAQ:GILT) valued at $3.2 million. By the close of Q4, it had cut its stake by 40%, holding 148,721 shares worth $1.9 million.

On March 10, Gilat Satellite Networks Ltd. (NASDAQ:GILT) announced that its unit, Gilat DataPath, had received a $6 million order.

The $6 million in new orders paves the way for the company to continue delivering field and technical services support to the US Army over the next six months. The order also extends the company’s support for another period as part of a multiyear engagement with the U.S. Army’s Program Executive Office for Command, Control, and Communications Networks (PEO C3N) under the GTACS II contract vehicle.

Earlier, on March 4, Gilat Satellite Network received a multi-million-dollar order from an in-flight connectivity integrator. The order is for AeroStream Ka Band wideband amplifiers designed to support commercial aviation connectivity. Deliveries are scheduled for the next 24 months. The order came on the heels of the company demonstrating 3GPP-compliant 5G Non-Terrestrial Network connectivity over a Geostationary Earth Orbit satellite.

Gilat Satellite Networks Ltd. (NASDAQ:GILT) is a global leader in satellite-based broadband communications, designing and manufacturing ground segment equipment, satellite terminals, and network management software. It specializes in providing end-to-end connectivity solutions for commercial, defense, and government applications, including cellular backhaul, in-flight connectivity, and satellite on-the-move (SOTM).

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