Viasat’s Deal Repositions to Compete with SpaceX – But is This Reason Enough to Buy VSAT Stock Now?
Viasat, a satellite broadband communications company for the military and commercial markets, enjoyed a 40% boost in stock price Monday morning. This spike resulted from their deal with defense contractor L3 Harris Technologies. In total, the deal is estimated to bring in over $1.8 billion after taxes, fees, and other expenses. The deal will [...]