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Gilat Satellite Networks Ltd

 
Hoover's Profile: Gilat Satellite Networks Ltd.
(NASDAQ (GM):GILT)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Gilat Satellite Networks Ltd.
21 Yegia Kapayim St., Kiryat Arie
Petah Tikva 49130, Israel
Tel. +972-3-925-2000
Fax +972-3-925-2222

Type: Public
On the web: http://www.gilat.com
Employees: 966
Employee growth: (0.4%)

Gilat Satellite Networks might have its head in the stars, but its business is firmly grounded. The company provides digital satellite communication products and services. Its Gilat Network Systems (GNS) unit develops very small aperture terminal (VSAT) systems. Communications service providers use Gilat's VSAT systems to offer voice, data, and video services to residential, enterprise, and government customers. Gilat's Spacenet subsidiary provides satellite access and integration services. Spacenet Rural Communications (SRC) provides satellite communications services to rural communities in Latin America in lieu of traditional fixed line network communications services.

Key numbers for fiscal year ending December, 2008:
Sales: $267.5M
One year growth: (5.3%)
Net income: ($1.1)M

Officers:
Chairman and CEO: Amiram Levinberg
VP and CTO: Arik Keshet
VP, Business Development and General Manager, Wireless Solutions, Gilat Network Systems: Tal Meirzon

Competitors:
Hughes Network
iDirect Technologies
ViaSat

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