Gilat Receives Over $16 Million Order to Supply SATCOM Systems to a European Ministry of Defense
Rhea-AI Summary
Gilat (NASDAQ: GILT) announced Gilat DataPath received an order of over $16 million to supply multiple DKET 3421 transportable SATCOM terminals to a European Ministry of Defense. Deliveries are expected over the next 12 months.
The WGS-certified, 4.2m DKET 3421 is combat-proven, scalable to 32 modems, and designed for high-throughput, relocatable connectivity for forward-deployed forces.
Positive
- Order value of over $16 million
- Deliveries scheduled over 12 months
- DKET 3421 is WGS-certified and combat-proven
- System scales to up to 32 modems
- Expands presence in European sovereign defense programs
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
GILT fell about 8.91% while key communication equipment peers like ADTN, NTGR, TSAT, AVNW and CLFD also traded lower but with smaller single-digit declines, suggesting GILT’s move was more stock-specific than a broad sector rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 10 | Earnings results | Positive | -21.9% | Strong Q4 and 2025 results with double-digit 2026 growth guidance. |
| Feb 04 | Contract win | Positive | -4.9% | Order over $10M for Wavestream amplifiers supporting LEO constellation gateways. |
| Jan 28 | Investor conferences | Neutral | +3.9% | Management attendance at Oppenheimer and TD Cowen investor conferences. |
| Jan 27 | Contract win | Positive | +4.3% | Multimillion Sidewinder ESA IFC terminals order from global avionics company. |
| Jan 22 | Earnings date set | Neutral | +4.1% | Announcement of date and webcast details for Q4 and 2025 results. |
Recent history shows multiple positive contracts and strong earnings followed by mixed to negative price reactions, including a sharp selloff after strong 2025 results and weakness after a prior >$10M order.
Over the past few weeks, GILT reported strong Q4 and full-year 2025 results with revenue of $451.7M and record Adjusted EBITDA of $53.2M, yet shares fell after earnings. The company also announced several multimillion-dollar commercial and defense orders and scheduled multiple investor conference appearances, with generally modest positive share responses. Today’s European defense SATCOM order adds to this contract momentum but follows a period where strong fundamentals did not consistently translate into sustained price strength.
Market Pulse Summary
This announcement adds an over $16 million European defense SATCOM contract for Gilat’s WGS-certified DKET 3421 terminals, with deliveries over the next 12 months. It follows strong 2025 financial results and several recent multimillion commercial and defense wins, reinforcing momentum across segments. Investors may watch how this order contributes to 2026 revenue guidance, the pace of further contract awards, and any additional capital-raising or strategic moves disclosed in future filings.
Key Terms
satcom technical
wgs-certified technical
AI-generated analysis. Not financial advice.
Represents Gilat Defense’s First Contract with this MoD, Expanding its Presence in support of European Sovereign Defense Programs
PETAH TIKVA, Israel, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, today announced that Gilat DataPath received an order for over
Gilat DataPath’s WGS-certified DKET 3421 is a combat-proven, 4.2 meter, rugged terminal designed to meet the most demanding mission requirements. Featuring multi-carrier capability and a scalable modem architecture of up to 32 modems, the system enables high-throughput, resilient connectivity for forward-deployed forces. With defense organizations increasingly focused on flexible and rapidly deployable communications, the DKET platform has become a trusted global solution for hub-class SATCOM infrastructure in dynamic environments.
“We are proud to support sovereign defense communication programs with secure and relocatable SATCOM infrastructure,” said Nicole Robinson, President, Gilat DataPath. “Our expanding presence across Europe is driven by clear demand for field‑proven systems like our DKET 3421, already relied on by the U.S. Army and Ministries of Defense around the world.”
About Gilat
Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT) is a leading global provider of satellite-based broadband communications. With over 35 years of experience, we develop and deliver deep technology solutions for satellite, ground, and new space connectivity, offering next-generation solutions and services for critical connectivity across commercial and defense applications. We believe in the right of all people to be connected and are united in our resolution to provide communication solutions to all reaches of the world.
Together with our wholly owned subsidiaries Gilat Wavestream, Gilat DataPath, and Gilat Stellar Blu, we offer integrated, high-value solutions supporting multi-orbit constellations, Very High Throughput Satellites (VHTS), and Software-Defined Satellites (SDS) via our Commercial and Defense Divisions. Our comprehensive portfolio is comprised of a software-defined platform and modems, high-performance satellite terminals, advanced Satellite On-the-Move (SOTM) antennas and ESAs, highly efficient, high-power Solid State Power Amplifiers (SSPA) and Block Upconverters (BUC) and includes integrated ground systems for commercial and defense markets, field services, network management software, and cybersecurity services.
Gilat’s products and tailored solutions support multiple applications including government and defense, IFC and mobility, cellular backhaul, enterprise, aerospace and critical infrastructure clients all while meeting the most stringent service level requirements. For more information, please visit: http://www.gilat.com
Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “estimate”, “project”, “intend”, “expect”, “believe” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat’s products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat’s products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company’s proprietary technology and risks associated with Gilat’s international operations and its location in Israel. For additional information regarding these and other risks and uncertainties associated with Gilat’s business, reference is made to Gilat’s reports filed from time to time with the Securities and Exchange Commission. We undertake no obligation to update or revise any forward-looking statements for any reason.
Contact:
Gilat Satellite Networks
FAQ
What did Gilat (GILT) announce on February 12, 2026 regarding a European Ministry of Defense order?
How many DKET 3421 terminals will Gilat (GILT) deliver and on what timeline?
What are the technical features of the DKET 3421 that Gilat (GILT) highlighted in the order?
Why is the DKET 3421 important for forward-deployed forces, according to Gilat (GILT)?
Does this February 2026 contract represent a new customer relationship for Gilat (GILT)?
