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Iridium Communications (Nasdaq: IRDM) saw its engineering and support revenue increase 74 percent to $31.1 million during the fourth quarter of 2023, driven by a rise in U.S. government activity, and posted a record total revenue of $790.7 million for the full year, up 10 percent from the prior-year period. The McLean, Virginia-based satellite commu...

Executive Mosaic, the preeminent media, events and membership organization of the government contracting sector, is proud to announce the winners of the prestigious 2024 Wash100 Award. Each year, Executive Mosaic’s coveted Wash100 Award recognizes the most promising and outstanding executives to watch in the coming year. Read below for the full l...

The board of directors of Iridium Communications (Nasdaq: IRDM) has approved a plan to buy back another $400 million in shares through Dec. 31, 2025. Iridium said Thursday the plan marks its third and largest stock buyback authorization and increases the satellite communications company’s total repurchase program to $1 billion, the company sai...

After a competitive four months and tens of thousands of votes, Executive Mosaic is excited to announce that the winner of the 2023 Wash100 popular vote competition is the resolute Department of Defense cornerstone, Defense Secretary Lloyd Austin. This year, a staggering nearly 40,000 votes were cast in support of the esteemed recipients of the 2...

Iridium Communications (Nasdaq: IRDM) logged total revenue of $205.3 million for the first quarter of 2023, up 22 percent year-over-year from $168.2 million and noted total billable subscribers for the January-March period reached 2.05 million. The satellite communications company said Thursday that about $139.3 million of Q1 revenue came from servi...

Iridium Communications (Nasdaq: IRDM) posted $193.8 million in revenue for the fourth quarter of 2022, up 24 percent from the prior-year period and reported a 17 percent growth in full-year sales to $721 million. The global satellite communications company said Thursday total billable subscribers grew 16 percent year-on-year to 1,999,000, driven by ...

Iridium Communications (Nasdaq: IRDM) reported $26.5 million in service revenue for its U.S. government business during the third quarter of 2022, up 2.3 percent from the prior-year period of $25.9 million driven by a contractual step-up in the Enhanced Mobile Satellite Services contract with the U.S. Space Force in September 2021.  The McLean,...