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Calian Reinforces Support for Canadian Armed Forces with $250M Contract Amendment
Globenewswire· 2025-07-08 11:00
As geopolitical tensions rise, Calian continues to deliver mission-critical healthcare to support Canada's military readiness OTTAWA, Ontario, July 08, 2025 (GLOBE NEWSWIRE) -- Calian Group Ltd. (TSX: CGY), a mission-critical solutions company focused on defence, space, healthcare and other strategic critical infrastructure sectors, today announced a $250 million amendment to its Health Care Provider Recruitment (HCPR) contract with the Department of National Defence (DND). This amendment reinforces Calian' ...
Should You Buy Intuitive Machines While It's Below $12?
The Motley Fool· 2025-05-24 12:08
Core Viewpoint - Intuitive Machines' stock has seen a significant increase despite missing earnings, and it is now considered cheap enough to buy, with a 20% rise since the Q1 earnings report [1]. Financial Performance - In Q1, Intuitive Machines reported a loss of $0.11 per share, an improvement from a loss of $2.68 per share in the same quarter last year [3]. - Sales for Q1 were $62.5 million, down 15% year-over-year, but are projected to rebound by 10% in Q2 [3]. - The company generated positive free cash flow of $13.3 million in Q1, the first occurrence in over two years, although analysts expect cash burn in the next three quarters totaling $15 million [4][5]. Long-term Prospects - Intuitive Machines is becoming a key contractor for NASA, having secured four "IM" missions to the moon, with two completed and two scheduled for 2026 and 2027 [7]. - The company has faced challenges with its landers, but management is addressing these issues for future missions, and NASA is satisfied enough to provide success payments for the IM-2 mission [8]. - Intuitive Machines is also working on a $4.8 billion Near Space Network contract, which is expected to generate approximately $480 million in annual revenue over the next decade [9]. Stock Valuation - The stock price has increased significantly post-earnings, currently around $11, which is nearly double the price paid previously [10]. - Despite being down about 50% from its all-time high in January, the stock is still considered to be at the high end of fair value for an unprofitable space stock, priced at 4.1 times trailing sales [11][12].
Gilat Stock Up 23% in the Past Six Months: Will the Uptrend Continue?
ZACKS· 2025-04-22 14:50
Gilat Satellite Networks Ltd. (GILT) stock has proved resilient amid a volatile market environment with a 23.2% gain in the past six months against the Zacks Satellite and Communication industry’s the Zacks Computer and Technology sector and the S&P 500 composite’s decline of 7.6%, 15.9% and 10.6%, respectively.Image Source: Zacks Investment ResearchIt closed the last trading session at $6, down 25% from its 52-week high of $8.05. Does this recent pullback indicate a buying opportunity?Let us discuss GILT’s ...
Gilat Wins Multimillion Defense Deal for Antenna Technology
ZACKS· 2025-04-16 14:25
Gilat Satellite Networks Ltd. (GILT) recently announced that its defense division, Gilat Defense, secured a multimillion-dollar order from a leading global defense organization. The contract involves the supply of cutting-edge antenna technology, which will be integrated into the organization’s advanced communication systems. Deliveries under this order are expected to commence toward the end of 2025.Gilat’s antenna solutions are engineered to deliver secure and resilient connectivity, even in the most chal ...