Viasat (VSAT) said Tuesday it has been awarded a $33.6 million contract to provide Active Electronically Scanned Array systems for the US Air Force.
Under the deal, the company said it will develop a new phased array antenna that can support resilient satellite communications for tactical aircraft.
Shares of Viasat were up 1.3% in recent trading.
Price: 13.09, Change: +0.29, Percent Change: +2.27
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