Iridium has been awarded a five-year base Indefinite Delivery, Indefinite Quantity contract with one five-year option by the U.S. Space Force for Iridium Certus services. The multiple awardee contract is part of a U.S. Proliferated Low Earth Orbit Satellite-Based Services award and includes multiple Iridium partners. The award includes Iridium Certus terminals and service, which provide mission-critical broadband and midband capabilities to the modern warfighter.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on IRDM:
- Iridium provides global connectivity for XCMG heavy equipment
- Iridium price target lowered to $67 from $68 at Raymond James
- Cathie Wood’s ARK Investment bought 70K shares of Iridium today
- Iridium board approves additional $400M share repurchase program
- Meta Platforms upgraded, Estee Lauder downgraded: Wall Street’s top analyst call