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Big Government Deals Push ViaSat to Strong 2019

ViaSat [VSAT] wrapped up fiscal year 2019 with $2.1 billion in revenue, marking a 30 percent growth from 2018, highlighted by nearly $1 billion in government systems earnings and a viral growth in ubiquity on commercial aircraft, more than doubling its presence by year's end. The communications provider has increased revenues at 14 percent compounded annual growth for the last 15 years and its adjusted earnings before interest, tax, depreciation and amortization (EBITDA) grew by 44 percent year-over-year (YOY) for…

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Congress Updates

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]


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Army Taking ‘More Refined’ Approach On Push For Right To Repair Reforms, Obadal Says

After lawmakers decided against including major “right to repair” reforms in the latest defense policy bill, a senior Army official has said the service is continuing its push for authorities […]


Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]