Viasat, Intelsat Awarded $437.7 Million Contracts by US Space Force for Anti-Jam Satellites

MT Newswires Live

06/11

ViaSat (VSAT) and Intelsat General Communications were awarded two contracts worth a total of $437.7 million under the protected tactical SATCOM, global PTS-G program to provide anti-jam satellite communications, the US Space Force said.

The awards cover the production of the first two operational satellites of the PTS-G system, known as "Swarm 1," including manufacturing, integration and test, launch, and on-orbit checkout, according to a statement.

PTS-G is a key component of the USSF's SATCOM architecture, designed to provide tactical warfighters with a worldwide, transponded system, the statement added.

Price: 62.17, Change: -1.77, Percent Change: -2.77

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