Viasat Awarded U.S. Space Force Contract to Build Satellites
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 11 2026
0mins
Viasat announced it was awarded a prime contract by the U.S. Space Force's Space Systems Command to build, launch and deliver the first of a proliferated fleet of small, maneuverable geosynchronous Earth orbit satellites under the Protected Tactical SATCOM-Global program. "The new Swarm 1 Delivery Order contract builds on Viasat's completion of the Delivery Order 1 phase awarded in 2025, where the company successfully matured a system design for a resilient, low size, weight and power GEO satellite and associated ground architecture to dynamically support key hot spot service areas. The proposed satellite design and operational concept illustrates how Viasat is applying low cost, high performance dual-use technology to provide resilient connectivity for an increasingly contested tactical communications environment. The Viasat SMS team is part of the company's Defense and Advanced Technologies segment," the company said. Viasat's production and delivery of the dual-band satellite system will support meeting initial operating capability no earlier than 2029, the company stated.
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Analyst Views on VSAT
Wall Street analysts forecast VSAT stock price to fall
6 Analyst Rating
4 Buy
2 Hold
0 Sell
Moderate Buy
Current: 64.550
Low
36.00
Averages
43.80
High
52.00
Current: 64.550
Low
36.00
Averages
43.80
High
52.00
About VSAT
Viasat, Inc. is a global communications company. Its segments include communication services and defense and advanced technologies. The communication services segment provides a wide range of broadband and narrowband communications solutions across government and commercial mobility markets, as well as for residential and enterprise fixed broadband customers. In addition, this segment includes the development and sale of a wide array of advanced satellite and wireless products and terminals that support or enable the provision of fixed and mobile broadband and narrowband services. The defense and advanced technologies segment develop and offers a diverse array of resilient, vertically integrated solutions to government and commercial customers, leveraging its core technical competencies in encryption, cybersecurity, tactical gateways, modems and waveforms.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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- Intuitive Machines Opportunity: Intuitive Machines secured a $180.4 million NASA contract, with projected revenues of $900 million to $1 billion in 2026, and its collaboration with SpaceX is set to enhance its market position and drive lunar economic development.
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See More
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See More
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- Satellite System Innovation: The contract involves the development of a mini-GEO dual X/Ka-band satellite system, marking Viasat's first breakthrough in the small maneuverable satellite sector, which is expected to strengthen its competitive position in the military communications market.
- Long-term Revenue Potential: Should Viasat secure 50% of future awards in this series, the single contract could be worth nearly half a year's revenue for the company, highlighting the strategic importance of this project for future growth.
- Revenue Growth Expectations: Although the contract revenue will be paid over five years, it is anticipated to boost Viasat's annual revenue growth rate by about 1%, further solidifying its market position in the satellite communications industry.
See More
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- Market Share Potential: This contract represents approximately 4.7% of Viasat's trailing twelve-month sales of $4.6 billion, and if follow-on orders materialize, the total potential value of the PTS-G program could reach $4 billion, significantly boosting the company's revenue.
- Innovation in Technology: Viasat is set to develop small, maneuverable geosynchronous satellites, marking a technological advancement that enhances its competitive position in the defense market.
- Long-term Revenue Outlook: The contract includes a five-year satellite operation service, expected to contribute about 1% annual revenue growth for Viasat, providing stable cash flow and opportunities for business expansion.
See More
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