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 10 days 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.