Iridium (IRDM) secures a five-year contract from Space Systems Command valued at roughly $94 million with a potential total value of $103 million.
EchoStar Corporation, Iridium Communications and Globalstar are part of the Zacks Industry Outlook article.
Iridium Communications Inc. (NASDAQ: IRDM), a leading provider of global voice and data satellite communications, today announced it has been awarded a new five-year contract by the United States Space Force's Space Systems Command's Commercial Space Office (COMSO) for Enhanced Mobile Satellite Services (EMSS) capabilities and security sustainment services (ECS3). In support of the Iridium EMSS program, the ECS3 contract will ensure continued optimal operations of the EMSS Service Center in supp