🟢 VSAT is trading 10.8% up today after winning a $437.7M satellite communications contract

VSAT is trading 10.8% up today at $82.58 following news of a major US$437.7 million satellite communications contract.

• The Protected Tactical Satellite Communications contract, involving Viasat and Intelsat General Communications, has significantly boosted investor sentiment and put the stock back in focus.
• The move extends a strong multi-week uptrend driven by recent satellite launches, analyst upgrades, and new connectivity contracts.
• Broader market strength is also contributing to the stock's upward momentum as major indices trade higher.