Viasat (VSAT) is trading at $61.02 (-5.00%) in pre-market sessions. This movement occurs despite the company being selected by the US Space Force to deliver a dual-band satellite system under the Protected Tactical SATCOM-Global (PTS-G) program.
- On June 23, 2026, Viasat announced it was awarded a prime contract by the US Space Force's Space Systems Command to build, launch, and deliver the first of a proliferated fleet of small, maneuverable geosynchronous Earth orbit satellites.
- Broader market weakness, with US futures and major indices trading lower, may also be contributing to the downward pressure on the stock.