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Material contract milestone lowers execution risk, expands addressable revenue, and has already driven a substantial prior rally; potential for additional follow-on awards sustaining upside.
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Viasat won a landmark Space Force contract moving the company from design into full production, signaling stronger defense revenue and backlog. The program covers a dual-band X/Ka-band mini-GEO satellite with ground stations and five years of operations support, within a $4 billion PTS-G ceiling across participating contractors. If follow-on awards materialize, VSAT could extend margins and backlogs in a higher-security communications market.
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