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    VSAT   US92552V1008

VIASAT, INC.

(VSAT)
  Report
Delayed Nasdaq  -  04:00 2022-12-09 pm EST
30.40 USD   +1.30%
11/29Viasat, Granite Collaborate to Expand Satellite-Based Internet Network
MT
11/29Granite and Viasat Collaborate to Bring Satellite Internet to Businesses
CI
11/28L3Harris Technologies Sets up $2.25 Billion Term Loan Facility
MT
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Defense contractor L3Harris to buy Viasat's unit for nearly $2 bln

10/03/2022 | 09:55am EST

Oct 3 (Reuters) - Defense contractor L3Harris Technologies said on Monday it would buy satellite specialist Viasat Inc's military communication unit for about $1.96 billion to better align with U.S. defense spending priorities like cybersecurity and sensors.

The government systems unit, known as Link 16 Tactical Data Links, includes 450 employees and has an annual sales of about $400 million.

It enables secured sharing of voice and data and is integrated on military aircraft, ground vehicles, surface vessels and operating bases.

With the deal, L3Harris aims to expand communication and networking capabilities to a larger user base.

The deal is expected to close in the first half of 2023 and is the largest deal since Chief Executive Chris Kubasik took charge in June last year. (https://reut.rs/3EdRet0) (Reporting by Nathan Gomes in Bengaluru; editing by Uttaresh.V and Arun Koyyur)


ę Reuters 2022
All news about VIASAT, INC.
11/29Viasat, Granite Collaborate to Expand Satellite-Based Internet Network
MT
11/29Granite and Viasat Collaborate to Bring Satellite Internet to Businesses
CI
11/28L3Harris Technologies Sets up $2.25 Billion Term Loan Facility
MT
11/28Sector Update: Tech Stocks Tumble Monday as Apple Weighs on Sector Sentime..
MT
11/28Sector Update: Tech Stocks Retreating During Cyber Monday Trading
MT
11/28Viasat's Americas-Focused Satellite Completes Payload, Bus Systems Test
MT
11/28Viasat, Inc. Announces Viasat-3 Satellite Completes Final Integrated Satellite Test
CI
11/23ViaSat Obtains Contract From US Special Operations Command Valued at Up to $325 Million
MT
11/16North American Morning Briefing: Stock Futures -2-
DJ
11/15Raymond James Downgrades ViaSat to Market Perform From Outperform
MT
More news
Analyst Recommendations on VIASAT, INC.
More recommendations
Financials (USD)
Sales 2023 2 697 M - -
Net income 2023 -119 M - -
Net Debt 2023 2 898 M - -
P/E ratio 2023 -20,2x
Yield 2023 -
Capitalization 2 298 M 2 298 M -
EV / Sales 2023 1,93x
EV / Sales 2024 1,97x
Nbr of Employees 7 000
Free-Float 95,9%
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Technical analysis trends VIASAT, INC.
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TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
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Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 30,40 $
Average target price 52,40 $
Spread / Average Target 72,4%
EPS Revisions
Managers and Directors
Mark D. Dankberg Chairman & Chief Executive Officer
Richard Allan Baldridge Vice Chairman & President
Shawn Lynn Duffy Controller
Mark J. Miller Chief Technical Officer & Executive Vice President
Girish Chandran Chief Technical Officer & Vice President
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