S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Viasat Shares Climb Following U.S. Space Force Contract Award

Viasat stock jumped 7% to $66.05 on Thursday morning after the company secured a prime contract from the U.S. Space Force. This latest deal tasks the satellite communications firm with building and launching a new fleet of maneuverable, small-scale satellites designed for geosynchronous Earth orbit operations.

Viasat Shares Climb Following U.S. Space Force Contract Award

The agreement follows Viasat’s successful completion of a delivery order phase awarded in 2025, during which the company finalized system designs for its GEO satellite technology. Now moving into full-scale production, the project falls under the Space Systems Command’s protected tactical SATCOM-global program. This initiative carries an indefinite delivery indefinite quantity ceiling value of $4 billion distributed among various program participants. With this latest surge, Viasat shares have effectively doubled in value throughout the current year, reflecting investor confidence in the company's expanding role within military satellite infrastructure.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!