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Gilat Receives a Multimillion Contract from Israel's Ministry of Defense for Advanced Strategic Defense SATCOM Project

1. Gilat Defense awarded multimillion contract by Israel’s Ministry of Defense. 2. Contract includes rapid deployment of satellite communication systems. 3. Deliveries expected before the end of 2025. 4. Advanced SATCOM systems to support military communication needs. 5. Reflects strong demand for satellite technology in defense.

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Why Bullish?

The new contract reinforces GILT's market position, reflecting increasing defense budget allocations and reliance on advanced communication technology, which historically correlates with stock price increases after securing government contracts.

How important is it?

The article speaks directly to GILT's core business area of satellite communication, indicating potential revenue growth and strategic importance in defense contracts.

Why Short Term?

The immediate implications of this multimillion-dollar contract are likely to positively influence GILT's stock in the short-term, particularly as delivery timelines approach.

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PETAH TIKVA, Israel, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions and services, announced today that its defense division, Gilat Defense, has been awarded a multimillion dollar contract by Israel’s Ministry of Defense for the delivery and integration of satellite communication systems and services. Deliveries are expected before the end of 2025. The contract includes the rapid deployment of advanced SATCOM systems tailored to meet the operational requirements of Israel’s defense forces. These systems are developed and engineered for operation in harsh and unpredictable environments, making them ideal for a wide range of military communication needs. “We continue witnessing the fact that SATCOM is becoming a very important and critical tool for Defense forces around the world. As a leading developer and supplier of such mission critical solutions we are proud to deliver a tailor-made, time-sensitive solution for the Israeli Ministry of Defense,” said Gilad Landsberg, President of Gilat Defense. “This achievement reflects our ability to meet complex operational needs with speed and precision.” 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 cloud-based 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, broadband access, cellular backhaul, enterprise, aerospace, broadcast, 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, including those related to the hostilities between Israel and Hamas. 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 Hagay Katz, Chief Product and Marketing Officerhagayk@gilat.com Alliance Advisors: GilatIR@allianceadvisors.com Phone: +1 212 838 3777

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