Gilat Satellite Networks Ltd.

Regulatory Filings • Mar 2, 2017

FORM 6 – K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Report on Foreign Issuer

Pursuant to Rule 13a – 16 or 15d – 16 of the Securities Exchange Act of 1934

For the Month of March, 2017

__________Gilat Satellite Networks Ltd.--------- (Translation of Registrant's Name into English)

Gilat House, Yegia Kapayim Street Daniv Park, Kiryat Arye, Petah Tikva, Israel (Address of Principal Corporate Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F __X--- Form 40-F __----

Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes __________ No ___X___

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A

Attached hereto is Registrant's corporate presentation as posted on Registrant's website.

Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

Gilat Satellite Networks Ltd. (Registrant)

Dated March 2, 2017 By: /s/ Yael Shofar

Yael Shofar General Counsel

Gilat Satellite Networks – Company Overview

A Worldwide Leader in Satellite Networking Technology, Solutions and Services

March 2017

NASDAQ, TASE: GILT

Certain statements made in this presentation that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words "estimate", "project", "intend", "expect", "believe" and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of Gilat to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to Gilat's products, inability to obtain financing and/or timely develop and introduce new technologies, products and applications, rapid changes in the market for Gilat's products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM partners, inability to attract and retain qualified personnel, inability to protect the Company's proprietary technology and risks associated with Gilat's international operations and its location in Israel. Gilat undertakes no obligation to update or revise any forward-looking statements for any reason. For additional information regarding these and other risks and uncertainties associated with Gilat's business, reference is made to Gilat's reports filed from time to time with the Securities and Exchange Commission.

Unaudited/Non-GAAP Financial Measures

This presentation includes financial data that is not audited and financial data that was not prepared in accordance with U.S. Generally Accepted Accounting Principles (GAAP). Non-GAAP financial measures appearing in this presentation consist of GAAP financial measures adjusted to exclude, non cash share-based compensation expenses, impairment of goodwill and long lived assets, amortization of acquired intangible assets, restructuring and other non-recurring expenses and net income or loss from discontinued operations. Gilat believes these non-GAAP financial measures provide consistent and comparable measures to help investors understand Gilat's current and future operating performance. However, our non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures, and should be read in conjunction with Gilat's consolidated financial statements prepared in accordance with GAAP. Additionally, these non-GAAP financial measures may differ materially from the non-GAAP financial measures used by other companies.

Gilat – Boundless Communications

Global Presence with Diverse Customer Base & Partners

Satellite Capacity Abundance is the New Reality – GEO + LEO/MEO

Global HTS Bandwidth Supply, Demand and Price per Mbps

Abundance of capacity unlocks new markets

Affordable Internet Everywhere is Becoming a "Birth Right"

6 Our strategy is to enable ample Broadband, at terrestrial-grade user experience and affordably

Jefferies: 860m subscribers "up for grab" from the top 15 emerging markets alone Aug. 2016

Macquarie Research: "This market … require several hundred Tb of additional capacity" Aug. 2016

Aug. 2016

• Satellite delivers quality broadband rapidly and affordably
• Cities, towns, villages, islands, …
  • 4G/LTE for metro and metro edge, as well as rural areas
• Residential broadband
• Resilience and public safety

Satellite delivers significant volumes, terrestrial-grade user experience and economies

8

• Broadband connected aircraft takes off

  • From ~5,300 connected commercial aircraft (satellite & ATG) in 2015 to 23,100 in 2025*
  • From ~2,700 satellite connected aircraft (commercial & business) in 2015 to 21,000 in 2025*

• High-end solutions for best user experience

  • True broadband connectivity
  • Streaming media and VOD at end user device
  • Continuous connectivity
  • Global coverage

*Source: Euroconsult/NSR

Satellite delivers significant volumes, terrestrial-grade user experience and economies

9

• NSR: Maritime markets will be amongst the 'core growth opportunities'
  • Accelerated market growth
  • Passenger ships Fastest growing market
  • Merchant ships Broadband adoption increasing
  • Small boats new market
• High-end broadband solutions for passengers and crew
  • Broadband and video
  • Crew internet and e-learning
  • Vessel monitoring and video supervision

Satellite delivers significant volumes, terrestrial-grade user experience and economies

Technology Cutting Edge Innovative Hubs, Modems & Antennas

Improving Margins

With the Right (Mix of) Customers and Territories

Services End-to-end Services and Recurring Revenue

Well Positioned!

On the Ground

World's Fastest Broadband Modem for LTE Backhaul

Confidential. Proprietary information. © Gilat Satellite Networks Ltd. 11 11

Metro Area – A Live Example

A Solution for Metro, Metro Edge, as well as Rural

12

Metro Area – A Live Example

13

On the Ground

Scorpio • Reducing barrier to entry • VSAT-in-a-box • All-outdoor, Self install

Confidential. Proprietary information. © Gilat Satellite Networks Ltd. 14

In the Air

400Mbps

Confidential. Proprietary information. © Gilat Satellite Networks Ltd. 15 15 World's Fastest Aero Modem for In-Flight Connectivity

In the Air

Major Aerospace Systems Integrator

World's Most Advanced KuKa Antenna For In-Flight Connectivity

Highest Bit Rate Panel Antenna

Very Low Cost All-in-One Terminal for Small Boats

At Sea

Leveraging Opportunity with

Global Presence

Mobility and Cellular Backhaul Offer the Opportunity for Better Margins

Zoom In On Peru: FITEL Projects

A \$2B+ Program to Build Optical Fiber and Microwave Backbone Networks in 21 regions:

• 8 Regional Projects awarded:
  • 4 to Gilat
  • 4 to others
• 13 Regional Projects more to be awarded

Overall we won 4 regions, ~\$400M

~\$230M Construction Revenue

~\$170M Operational Revenue over 10 Years

Upside: Selling Services Over the Network for a Period of 10 Years

Multi-Year Recurring Revenue Increases with every region

Confidential. Proprietary information. © Gilat Satellite Networks Ltd. 20 20

~13M Satellite Recurring Revenues in Manage Service Growing to >\$30M after Construction Phase

Gilat – Initial Achievements in the Last 12 Months

Cellular Backhaul & Consumer BB

• LTE Backhaul
• Metro, Metro Edge and Rural
• Terrestrial-grade User Experience

Mobility

• Fastest Airborne Modem 400Mbps
• Unique Airborne Antenna
• High-Speed Trains Connectivity
• Leading On-the-Move Antennas

China

• Huge Potential Baseband, Mobility (air, trains), not so much CBH
• The De Facto Provider of All New HTS Satellite Connectivity
• Working with CRRC to be Train Line Fit

Rural Broadband

• Program to Provide Broadband Connectivity to all Non-Costal Peru

Financial Indicators and Analysis

2017 Management Objectives (US\$ millions)

Revenues: \$280M - \$300M

GAAP Operating Profit: \$4M - \$8M

Adjusted EBITDA: \$20M - \$24M

Quarterly Profit and Loss Highlights (US\$ millions, except per share data)

GAAP	Q4 15	Q1 16	Q2 16	Q3 16	Q4 16
Revenues	67.7	52.7	67.9	78.6	80.3
Gross Profit	10.4	12.4	15.2	23.7	24.2
Gross Margin	15%	24%	22%	30%	30%
R&D net	3.7	5.8	6.2	6.4	6.5
S&M	6.1	5.1	5.9	6.2	6.2
G&A	3.3	4.2	4.3	9.3	4.2
Restructuring & trade secrets litigation expenses	0.6	0.2	1.4	2.0	0.9
Operating income (loss)	(3.4)	(3.0)	(2.5)	(0.2)	6.5
Net income (loss)	(5.2)	(4.0)	(3.7)	(2.2)	4.5
Diluted EPS	(0.12)	(0.09)	(0.07)	(0.04)	0.08
Non-GAAP*
Gross Margin	32%	26%	24%	32%	32%
Operating Income (loss)	9.0	(1.2)	0.5	3.3	9.0
Net income (loss)	7.1	(2.2)	(0.6)	1.4	7.0
Adjusted EBITDA	11.2	0.8	2.4	5.2	10.8

²⁴ * Adjustments reflect the effect of non-cash stock based compensation as per ASC 718, amortization of intangible assets related to shares acquisition transactions, impairments, restructuring costs, trade secrets litigation expenses and net income (loss) from discontinued operations.

Yearly Revenue & Gross Margin per Segment

Yearly Revenue by Region

	December 31, 2016	December 31, 2015
Cash Balances1	111.6	120.9
Total Assets	383.2	370.8
Total Debt2	21.5	26.0
Shareholders' equity	209.8	178.1

1) Including cash and cash equivalents, restricted cash and net of short term bank credits.

²⁾ Includes long term loans and current maturities of long term loans

In Summary – Uniquely Positioned for Unlocking Opportunities

Demand for affordable broadband, anywhere anytime, is soaring

Offering terrestrial-like user experience

Delivering both technology and solutions

Building a blue chip customer base

Focusing on profitable growth

Thank You

Gilat Satellite Networks | info@gilat.com | www.gilat.com