🟢 VSAT is trading 4.6% up today after securing a major $437.7M defense contract

VSAT is trading 4.6% up at $78.30 in pre-market, with momentum driven by a significant new government contract.

• Viasat, along with Intelsat General Communications, recently secured a $437.7 million firm-fixed-price contract from the Department of War to procure space vehicles for the Protected Tactical Satellite-Global program.
• The contract win, announced around May 23-24, has been a primary catalyst for the stock's sharp rebound, with shares jumping over 5% on the day of the news.
• The company is also scheduled to release its fourth-quarter and fiscal year 2026 financial results on Thursday, May 28, 2026.