Iridium Lands Massive Pentagon Satcom Contract
Before the upgrade, came the contract.
As you may have heard by now, sat-com stock Iridium Communications (NASDAQ: IRDM) won a big upgrade this week when analysts at Sidoti and Co. rated the shares a "buy" and predicted that Iridium's revenue and free cash flow would soon take off.
What you may not have heard is that just last month, the U.S. Pentagon promised to help make that happen.
Source Fool.com
