Iridium Communications, Globalstar and EchoStar are part of the Zacks Industry Outlook article.
Global security threats and increasing defense budgets bode well for Zacks Satellite and Communication industry participants like Iridium (IRDM), Globalstar (GSAT) and EchoStar Corporation (SATS).
Iridium (IRDM) receives a five-year contract from the U.S. Space Force to enhance the capabilities of DoD's SATCOM portfolio.