Comtech Announces Definitive Agreement to Sell Most of Its Satellite and Space Communications Business to Gilat
More...Chandler, Ariz., June 15, 2026--Comtech Telecommunications Corp. (NASDAQ: CMTL) today announced that it has entered into a definitive agreement to sell most of its Satellite and Space Communications (“S&S”) segment to Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT), and become a focused public safety technology company. The Transaction was unanimously approved by the boards of directors of both Comtech and Gilat.
