08:15 AM EDT, 10/28/2024 (MT Newswires) -- Gilat Satellite Networks ( GILT ) said Monday its DataPath unit has won a US Department of Defense contract worth over $4 million for the provision of DKET 3421 terminals.

The terminals, meant to deploy portable satcom network hubs, will likely be delivered in H1 2025, the company said.

Gilat Satellite Networks' ( GILT ) shares were up 2.6% in recent Monday premarket activity.

Price: 5.0500, Change: +0.13, Percent Change: +2.64