On June 15, Viasat declined 5.07% in regular trading, trading at $64.935/share, with turnover of $70.646 million. The stock gave back gains accumulated following the announcement of a $437.7 million US Space Force anti-jam satellite contract shared with Intelsat, as broader post-earnings selling pressure reasserted dominance.

Viasat and Intelsat General Communications were awarded two contracts totaling $437.7 million under the Protected Tactical SATCOM-Global (PTS-G) program, covering production of the first two operational satellites including manufacturing, integration, test, launch, and on-orbit checkout. While this contract and an earlier selection to provide satellite communications for NOAA next-generation aircraft via Lockheed Martin had temporarily lifted the stock into the mid-$70s, the rally proved unsustainable. The company's Q4 fiscal revenue of $11.71 billion missed market expectations of $12.0 billion, and forward guidance projecting only mid-single-digit revenue growth with flat-to-slightly-higher adjusted EBITDA continues to cap upside momentum, driving profit-taking among holders who accumulated positions during the prior run-up.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)