The $14 million contract is a positive but small-scale win, representing roughly 1-2% of Gilat's estimated annual revenue. Monitor for additional OxI program awards in Peru as a potential catalyst for larger revenue growth, but this single agreement is unlikely to materially move the stock on its own.
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Executive Summary
Gilat Satellite Networks announced a $14 million agreement with the Regional Government of Ayacucho, Peru, to deploy a fiber-optic broadband project under the Works for Taxes (OxI) program. The project, expected to be delivered within 18 months, will connect 273 public institutions (236 schools and 37 healthcare facilities) across 109 localities, benefiting approximately 20,000 residents. This is a modest, project-specific win that builds on Gilat's existing footprint in Peru but represents a small fraction of the company's annual revenue.
Key Facts
- Gilat's Peruvian subsidiary signed a $14 million agreement with the Regional Government of Ayacucho for a fiber-optic broadband project.
- The project will deploy over 1,060 kilometers of optical fiber to connect 273 public institutions across 109 localities.
- Delivery is expected within 18 months.
- The project is under Peru's Works for Taxes (Obras por Impuestos – OxI) program.
Financial Impact
$14 million agreement value
Risk Factors
- Project execution risk within the 18-month delivery timeline.
- Dependence on continued regional government investment in digital infrastructure in Peru.
- Geopolitical and operational risks associated with operations in Israel and Peru.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001178913-26-004161 |
| Document: 0001178913-26-004161-index-headers.html | 0001178913-26-004161 |
| Document: 0001178913-26-004161-index.html | 0001178913-26-004161 |
| Document: 0001178913-26-004161.txt | 0001178913-26-004161 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | Press Release | $8.05 $7.83 | ▼ −2.73% | ▼ −1.63% | $7.63 (−5.22%) |
Oct 15, 2026 11d ago | 6-K | $8.05 $7.83 | ▼ −2.73% | ▼ −1.63% | $7.63 (−5.22%) |
Oct 8, 2026 18d ago | 6-K | $9.32 $8.94 | ▼ −4.08% | ▼ −4.68% | $7.63 (−18.13%) |
Oct 7, 2026 19d ago | 6-K | $9.22 $9.32 | ▲ +1.08% | ▲ +1.51% | $7.63 (−17.25%) |
Oct 5, 2026 21d ago | Press Release | $9.40 $9.22 | ▼ −1.91% | ▼ −2.46% | $7.63 (−18.83%) |
Oct 5, 2026 21d ago | 6-K | $9.40 $9.22 | ▼ −1.91% | ▼ −2.46% | $7.63 (−18.83%) |
Aug 31, 2026 8w ago | 6-K | $9.90 $10.06 | ▲ +1.62% | ▲ +2.30% | $7.63 (−22.93%) |
Aug 31, 2026 8w ago | 6-K | $9.90 $10.06 | ▲ +1.62% | ▲ +2.30% | $7.63 (−22.93%) |
Aug 17, 2026 10w ago | 6-K | $11.24 $10.88 | ▼ −3.20% | ▼ −2.53% | $7.63 (−32.12%) |
Aug 10, 2026 11w ago | 6-K | $11.21 $11.62 | ▲ +3.66% | ▲ +3.41% | $7.63 (−31.94%) |
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