Gilat Satellite Networks to Acquire Comtech's Space Communications Business
In a notable strategic shift, Gilat Satellite Networks is set to acquire Comtech's space-related communications business, following a failed merger attempt six years ago.
Editorial Staff
1 min read
Updated about 8 hours ago
Gilat Satellite Networks, based in Israel, has announced plans to enhance its defense capabilities through the acquisition of Comtech's satellite communications business.
This move marks a significant change in Gilat's strategy, as it seeks to strengthen its position in the competitive satellite communications market.
The acquisition comes six years after a previous attempt by Gilat to merge with Comtech, which ultimately did not succeed.