Gilat Satellite Networks .(GILT) ZACKS·2025-01-22 15:11Contracts and Revenue Growth - Gilat Satellite Networks' subsidiary, Gilat DataPath, secured contracts exceeding 74.6 million in the last reported quarter, driven by acquisitions and strong demand for defense and in-flight connectivity solutions [5] - Gilat received 9 million in orders for SkyEdge IV and SkyEdge II-c communication platforms [6] Defense Sector and Market Position - Gilat DataPath is recognized as a trusted partner for defense organizations, providing reliable, high-quality support for mission-critical systems [2] - The company's equipment is effectively deployed and maintained on-site, ensuring reliable communication for national and international defense organizations [3] - Gilat's strength in the defense sector is bolstered by growing demand for defense SATCOM solutions due to NGSO expansion and geopolitical events [4] Acquisitions and Future Prospects - Gilat completed the acquisition of Stellar Blu Solutions, a premium provider of advanced SATCOM terminal solutions, expected to generate 150 million in revenues in 2025 [7] - Stellar Blu's EBITDA margin is projected to exceed 10% once it reaches full manufacturing capacity in late 2025 [7] Stock Performance and Industry Comparison - Gilat's stock price surged 49.1% in the past six months, outperforming the industry's growth of 29.7% [8] - Other technology stocks like Ubiquiti Inc, InterDigital Inc, and Intrusion Inc have shown strong performance, with Ubiquiti's shares surging 143.3% in the past six months [9][10][11][12]