- Gilat Satellite Networks Ltd (NASDAQ:GILT) had won multiple projects for armed forces in Latin America. Gilat offers turnkey solutions for fixed, airborne, maritime, and mobile military applications in Latin America via its long-time local partner, Newsat.
- The size of the contracts was not disclosed.
- Gilat provides multiple fixed and mobile communications solutions in Latin America to support the General Command, Army, Navy, Air Force security, diversity, and contingency needs.
- Gilat works closely with Latin America’s defense integrator Newsat to provide end-to-end projects, including installations and remote maintenance to the armed forces.
- Price action: GILT shares traded higher by 0.88% at $10.37 in the market session on the last check Wednesday.
Evercore ISI Group Upgrades Bionomics to Outperform, Announces $6 Price Target
Evercore ISI Group analyst Joshua Schimmer upgrades Bionomics (NASDAQ:BNOX) from In-Line to Outperform and announces $6 price target.
