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New $14M contract increases near-term revenue visibility, diversifies geographic MSA exposure, and signals potential deal flow from OxI-funded projects; modest but positive impact on sentiment and valuation if execution remains on track.
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Gilat Peru won a $14 million fiber-broadband contract in Ayacucho, with delivery due in 18 months under Peru's Obras por Impuestos program. The project spans 1,060 km and serves about 20,000 residents across 109 localities, benefiting 273 institutions (236 schools, 37 healthcare facilities) and expanding digital infrastructure for education and public services.
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