Viasat's Orbiting Profits: Space Force Jackpot?

▤ Summary

Viasat is shifting further toward defense infrastructure as it wins a major Space Force-related contract under the PTS-G program. The article argues that the company has finished the heavy buildout phase of its satellite constellation and is moving into a more cash-generative operating phase. It also highlights an activist-led strategic review that could separate the defense business and unlock shareholder value. The piece frames these developments as a potential valuation rerating for the stock rather than a simple operational update.

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