Viasat announced it has selected Rocket Lab to build a satellite bus for the U.S. Space Force's Protected Tactical SATCOM-Global program. This contract, initially awarded to Viasat, involves manufacturing, integration, testing, launch, and five years of operations, representing a significant win for both companies in the defense and space sectors.
Viasat (VSAT) announced a key development in its U.S. Space Force contract, selecting Rocket Lab (RKLB) to build the satellite bus for the Protected Tactical SATCOM-Global program. This is a positive catalyst for both companies, as it solidifies Viasat's role as a prime contractor in critical defense communications and provides a significant contract for Rocket Lab's satellite manufacturing capabilities. The contract includes long-term operations and sustainment, indicating a stable revenue stream. For traders, this reinforces the bullish sentiment around VSAT, which has already seen strong momentum, and highlights RKLB's growing presence in the defense space. The long-term implication is increased market share and technological advancement for both firms in a high-growth sector.