Gilat Secures $60M Order for Stellar Blu Sidewinder IFC Terminals with Boeing Linefit
Gilat Secures $60M Order for Stellar Blu Sidewinder IFC Terminals with Boeing Linefit

Gilat Secures $60M Order for Stellar Blu Sidewinder IFC Terminals with Boeing Linefit

News summary

Gilat Satellite Networks has secured over $60 million in orders from a leading satellite operator for its Stellar Blu 'Sidewinder' electronically steerable antennas (ESA) used in in-flight connectivity (IFC) terminals. These orders, comprising hundreds of units, will support retrofit programs for airline fleets and the first production run of Sidewinder ESAs for Boeing's OEM linefit terminals. The development aligns with Gilat's strategic expansion into high-value markets such as VVIP and special mission aircraft, enhancing its position in the commercial and defense satellite connectivity sectors. While the specific satellite operator remains unnamed, industry context suggests it could be SES, which has publicly adopted Sidewinder for multi-orbit IFC solutions and has existing agreements with various airlines. Gilat's strong financial performance and strategic contracts have led analysts to rate its stock as a Buy with an Outperform outlook, despite some caution due to production challenges and technical stock conditions. This significant contract marks a milestone in the growing adoption of multi-orbit inflight connectivity enabled by advanced satellite technologies.

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