Iridium Awarded 7-Year, $738.5 Million Contract by the U.S. Department of Defense
Iridium Communications Inc. (NASDAQ: IRDM) today announced that it has been awarded a $738.5 million, seven-year, fixed-price contract with the United States Department of Defense through the U.S. Air Force Space Command (AFSpC) to provide unlimited satellite services from its unique Low Earth Orbit (LEO) constellation. Through what is known as the AFSpC's Enhanced Mobile ["]