PETAH TIKVA, Israel, Feb. 12, 2013 (GLOBE NEWSWIRE) -- Gilat Satellite Networks Ltd. (Nasdaq:GILT), a worldwide leader in satellite networking technology, solutions and services, today announced that its wholly owned subsidiary Spacenet Inc.®, a leading provider of managed network and data security services has been awarded a 5-year base contract by one of the world's leading delivery service organizations to upgrade and provide network connectivity to more than 5,700 locations. The contract, valued at over $20 million, includes an option to extend the 5-year base period of performance for three further periods of 3-years for a total potential contract period of 14 years.
Gilat's Spacenet Awarded Multi-Year Contract With One Of World's Leading Delivery Service Organizations
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