Viasat awarded contract by U.S. Space Force for satellite communications program to enhance military resilience and performance.
Quiver AI Summary
Viasat, Inc. has been awarded a prime contract by the U.S. Space Force for the Protected Tactical SATCOM-Global (PTS-G) program, aimed at developing a resilient satellite communication system. As one of five awardees, Viasat will design a dual-band X/Ka-band satellite system as part of a larger effort to deploy a network of maneuverable geosynchronous satellites. The initial contract involves a seven-month design phase for the satellite architecture, which will enhance military communication capabilities by providing secure and reliable connections. The PTS-G program, with a potential total value of $4 billion, is crucial for improving military satellite communications against emerging threats. Viasat emphasizes its expertise in secure communications, which positions the company as a key player in fulfilling U.S. military needs for advanced satellite systems.
Potential Positives
- Viasat has been awarded a prime contract by the U.S. Space Force for the Protected Tactical SATCOM-Global program, highlighting its competitive position in the military communications market.
- The contract has a significant ceiling value of $4 billion for all potential awardees, indicating substantial financial opportunities for Viasat moving forward.
- Viasat's involvement in developing advanced, resilient satellite technology aligns with the U.S. Space Force’s initiative to enhance military communications capabilities, underscoring the company's commitment to national defense.
- This award positions Viasat as a potential end-to-end satellite manufacturer for the U.S. Space Force, which could lead to further contracts and collaborations in the defense sector.
Potential Negatives
- The press release includes numerous forward-looking statements, which carry inherent risks that actual results may differ materially from expectations due to potential operational failures or changes in customer relationships.
- Viasat faces significant competition in the satellite communications market, which may impact its ability to secure future contracts or maintain its market position.
- The need for reliance on third parties for manufacturing and supplying products raises risks related to dependencies that could affect service delivery and operational effectiveness.
FAQ
What is the PTS-G program contracted by Viasat?
The PTS-G program aims to develop a small satellite constellation for secure military communication and enhanced resilience.
When is the first launch of the PTS-G constellation planned?
The first launch of the PTS-G constellation is projected for 2028.
What are the key features of Viasat’s satellite design?
Viasat's design features a dual-band X/Ka-band architecture, enhancing end-user speeds and providing resilient communication performance.
What is the total value of the PTS-G IDIQ contract?
The PTS-G Indefinite Delivery Indefinite Quantity (IDIQ) contract has a ceiling value of $4 billion.
How does the PTS-G program benefit military communications?
The program enhances military communications by integrating advanced technologies for greater security, resilience, and agility against potential threats.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VSAT Congressional Stock Trading
Members of Congress have traded $VSAT stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $VSAT stock by members of Congress over the last 6 months:
- REPRESENTATIVE DEBBIE WASSERMAN SCHULTZ sold up to $15,000 on 07/18.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$VSAT Insider Trading Activity
$VSAT insiders have traded $VSAT stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $VSAT stock by insiders over the last 6 months:
- RICHARD A BALDRIDGE sold 100,000 shares for an estimated $3,099,900
- SHAWN LYNN DUFFY (SVP, Chief Accounting Officer) sold 50,000 shares for an estimated $1,643,950
- GARRETT L. CHASE (SVP, Chief Financial Officer) sold 25,000 shares for an estimated $833,250
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$VSAT Hedge Fund Activity
We have seen 137 institutional investors add shares of $VSAT stock to their portfolio, and 123 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WARBURG PINCUS LLC removed 8,390,687 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $122,504,030
- ONTARIO TEACHERS PENSION PLAN BOARD removed 4,795,334 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $70,011,876
- OCO CAPITAL PARTNERS, L.P. added 2,250,000 shares (+60.0%) to their portfolio in Q2 2025, for an estimated $32,850,000
- BRIGHTLINE CAPITAL MANAGEMENT, LLC added 2,000,000 shares (+inf%) to their portfolio in Q2 2025, for an estimated $29,200,000
- NUVEEN, LLC added 1,904,857 shares (+96.4%) to their portfolio in Q2 2025, for an estimated $27,810,912
- VOLORIDGE INVESTMENT MANAGEMENT, LLC removed 1,370,998 shares (-75.6%) from their portfolio in Q2 2025, for an estimated $20,016,570
- AMERICAN CENTURY COMPANIES INC added 1,318,524 shares (+96.8%) to their portfolio in Q2 2025, for an estimated $19,250,450
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$VSAT Analyst Ratings
Wall Street analysts have issued reports on $VSAT in the last several months. We have seen 4 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Underweight" rating on 10/01/2025
- Needham issued a "Buy" rating on 08/06/2025
- William Blair issued a "Outperform" rating on 08/04/2025
- Deutsche Bank issued a "Buy" rating on 06/17/2025
- B. Riley Securities issued a "Buy" rating on 05/27/2025
To track analyst ratings and price targets for $VSAT, check out Quiver Quantitative's $VSAT forecast page.
$VSAT Price Targets
Multiple analysts have issued price targets for $VSAT recently. We have seen 5 analysts offer price targets for $VSAT in the last 6 months, with a median target of $23.0.
Here are some recent targets:
- Mathieu Robilliard from Barclays set a target price of $23.0 on 10/01/2025
- Ryan Koontz from Needham set a target price of $25.0 on 08/06/2025
- Philip Cusick from JP Morgan set a target price of $23.0 on 08/06/2025
- Edison Yu from Deutsche Bank set a target price of $16.0 on 06/17/2025
- Mike Crawford from B. Riley Securities set a target price of $52.0 on 05/27/2025
Full Release
CARLSBAD, Calif., Oct. 08, 2025 (GLOBE NEWSWIRE) -- Viasat, Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it has been selected for a prime contract award by the U.S. Space Force (USSF) Space Systems Command (USSF SSC) for the Protected Tactical SATCOM-Global (PTS-G) program. Viasat is one of five awardees to receive an initial Delivery Order 1 (DO1) contract under what is a large Indefinite Delivery Indefinite Quantity (IDIQ) contract that aims to develop a proliferated, small satellite geosynchronous Earth orbit (GEO) constellation that will deliver resilience and anti-jam capabilities. The first launch of this PTS-G constellation is projected for 2028 to serve government end-users.
Under this initial award, Viasat’s Space and Mission Systems team within its Defense and Advanced Technologies segment will mature a design for a dual-band X/Ka-band satellite and anchor station architecture, inclusive of tracking, telemetry, and command (TT&C), satellite and network operations, and cybersecurity requirements. This work under the DO1 phase will take place over a 7-month period, culminating in a technical design review and demonstration of this capability. Viasat’s low size, weight, and power (SWaP) GEO satellite will be capable of enhancing end-user speeds and delivering resilient performance.
This technology is crucial for providing secure, reliable and cost-effective communication capabilities to support evolving USSF and U.S. Department of War (DoW) missions. The PTS-G program aligns with the USSF initiative to deploy maneuverable GEO satellites, significantly improving the resilience and agility of military communications. The contract positions Viasat as a potential end-to-end satellite manufacturer for the USSF, further solidifying its role in the development of advanced space communication systems.
John Reeves, Vice President of Space and Mission Systems, Viasat Government, said: "Viasat is honored to be selected by the U.S. Space Force for the PTS-G program. This contract underscores our proven track record in designing and delivering secure, resilient, and high-performance satellite communication solutions. We believe our dual-band X/Ka-band design, combined with Viasat’s extensive understanding of capacity economics, maneuverable GEO architectures, and heritage of delivering secure communication solutions to DoW users, will provide critical capabilities to enable global connectivity and enhance warfighters’ situational awareness and operational effectiveness to meet emerging threats. We are excited to contribute to this transformative program and support the Department of War in achieving its strategic objectives."
The PTS-G program, which has an IDIQ ceiling value of $4B for all potential program awardees, is a key initiative of the USSF aimed at enhancing the security and performance of military satellite communications. By integrating advanced commercial technologies, the program seeks to create a more resilient and agile communication network, capable of withstanding and mitigating potential threats.
Visit our website to learn more about Viasat Government ’s work to support US and global government customers.
About Viasat
Viasat is a global communications company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people's lives anywhere they are—on the ground, in the air or at sea, while building a sustainable future in space. In May 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at www.viasat.com , the Viasat News Room or follow us on LinkedIn , X , Instagram , Facebook , Bluesky , Threads , and YouTube .
Copyright © 2025 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat Signal are registered in the U.S and in other countries to Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.
Viasat, Inc. Contacts
Dan Bleier, Public Relations, Viasat Government, +1 (202) 383-5074,
[email protected]
Lisa Curran/Peter Lopez, Investor Relations, +1 (760) 476-2633,
[email protected]
Forward-Looking Statements
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include, among others, statements that refer to Viasat’s PTS-G program Delivery Order 1 award, including the anticipated design, features and performance of the Viasat dual-band X/Ka-band satellite; and Viasat’s receipt of any future manufacturing or other awards related to the program. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: risks associated with the construction, launch and operation of satellites, including the effect of any anomaly, operational failure or degradation in satellite performance; changes in relationships with, or the financial condition of, key customers or suppliers; our reliance on a limited number of third parties to manufacture and supply our products; our ability to successfully develop, introduce and sell new technologies, products and services; increased competition; the effect of adverse regulatory changes (including changes affecting spectrum availability or permitted uses) on our ability to sell or deploy our products and services; changes in the way others use spectrum; our inability to access additional spectrum, use spectrum for additional purposes, and/or operate satellites at additional orbital locations; competing uses of the same spectrum or orbital locations that we utilize or seek to utilize; and introduction of new technologies and other factors affecting the communications and defense industries generally. In addition, please refer to the risk factors contained in our SEC filings available at
www.sec.gov
, including our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update or revise any forward-looking statements for any reason.
