Economy · Full coverage
Gilat to Buy Comtech Satellite Division for $157.5 Million
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
First reported by Globes · Jun 15, 2026
Unrated 2
What happened
Gilat has agreed to buy most of Comtech’s satellite communications and space business for $157.5 million. The deal, pending U.S. regulatory approvals, is expected to lift Gilat’s annual revenue above $700 million and expand its defense and space exposure.
- 01Gilat agreed to buy Comtech’s satellite and space business for $157.5 million.
- 02The unit serves defense, satellite, energy, and space customers worldwide.
- 03After closing, Gilat expects annual revenue above $700 million.
- 04The purchase follows Comtech’s failed $577 million bid for Gilat in 2020.
- 05Gilat will fund the deal from cash and has about $170 million on hand.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 2 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
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