Market Overview

Gilat Expands Awarded Southeast Asian Navy Contract

Gilat Satellite Networks (NASDAQ: GILT) today announced it was selected by a Southeast Asian Navy to upgrade its ground operations with IP-based satellite communications system.

As part of the contract, Gilat will deliver redundant SkyEdge II hubs, RF transmission capability and VSAT terminals that offer increased bandwidth efficiency throughout the Navy units. The increased bandwidth will allow enhanced connectivity to the Internet, video and other high-speed, broadband services while also enabling strategic military communications on board the Navy's mobile vehicles.

Gilat already supplies satellite communication solutions to the country's Air Force and Central Command.

"Gilat's SkyEdge II solution was selected for its advanced bandwidth utilization capabilities, a crucial commodity for any navy operating on limited and restrictive allocation of bandwidth resources," said Stephane Palomba, Regional VP for Asia, Gilat. "The IP-based terminals will reduce expensive dial-up lease costs while equipping the Navy with affordable and highly efficient access to a broader range of communication applications enhancing their operational readiness."

Gilat is a veteran supplier of maritime and ground satellite based communication systems for military organizations around the globe. Its SkyEdge II system is

See full press release

Posted-In: News Guidance Financing Contracts Asset Sales Management Global

 

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