Operator

Ladies and gentlemen, thank you for standing by. Welcome to the conference call announcing Gilat's acquisition of Comtech's Satellite and Space segment. [Operator Instructions] As a reminder, this conference is being recorded, June 15, 2026.

I would now like to hand over the call to Mr. [ Sanjay Hurry ] of Alliance Advisors IR. Mr. [ Hurry ], would you like to begin, please?

Unknown Attendee

Thank you, Haila, and good morning, everyone. Thank you for joining us today. With me on the call are Mr. Adi Sfadia, Gilat's CEO; and Mr. Gilad Landsberg, President of Gilat Defense. Earlier this morning, Gilat issued a press release regarding its acquisition of Comtech's Satellite and Space segment. The release, along with the accompanying slide presentation are both available on the Investors section of the company website.

Before we begin, I would like to remind everyone that some statements made during this conference call may contain forward-looking statements based on current expectations. Actual results could differ materially from those projected due to various risks and uncertainties. The potential risks and uncertainties that could cause actual results to differ materially include uncertain global economic conditions, reductions in revenue from key customers, delays or reductions in U.S. and foreign military spending, acceptance of our new products on a global basis and disruptions or delays in our supply of raw materials and components due to business conditions, global conflicts, weather or other factors not under our control.