Mr. Gilat is the chairman and co-owner of the MIKAL GROUP. Mikal is a holding company of various industrial, financial and High-Tech companies and startups. Until recently Mikal owned substantial Israeli defense companies such as Soltam, ITL and Saymar that were sold to Elbit systems in October 2010 for $100 million. Before that he worked for 17 years in Israel Military Industries (IMI) at various positions including V.P. marketing. Mr. Gilat holds an MBA degree in marketing from New York University (NYU), and a BA degree in economics from Tel-Aviv University.