Gilat acquisition of Comtech's Satellite & Space Communications segment
Gilat agreed to buy most of Comtech's satellite and space communications segment, more than doubling its scale in satellite ground infrastructure and defence communications.
- Company
- Comtech Satellite & Space Communications
- Type
- M&A
- Status
- Announced
- Date
- 15 Jun 2026
- Value
- US$157.5m
- Value basis
- US$157.5m in cash on a cash-free, debt-free basis, subject to working capital adjustments
- Region
- US
- Segment
- Ground segment
Parties
- Gilat Satellite Networks buyer
- Comtech Telecommunications seller
Key terms
- Funding
- Existing cash (net cash about US$170m at end Q1 2026)
- Conditions
- CFIUS and US antitrust clearances
- Expected closing
- Year-end 2026
Sources
- Gilat press release (Form 6-K exhibit): Gilat to acquire Comtech's Satellite & Space Communications segment sec.gov · 15 Jun 2026
- Gilat Form 6-K: second quarter 2026 results (Comtech acquisition on track for year-end closing) sec.gov · 5 Aug 2026
Record ORB-INV-2026-0025. Investments are kept apart from the financings register and never counted in debt totals.
