AST SpaceMobile stock jumps on SHIELD contract slot, puts “Golden Dome” bids in focus
AST SpaceMobile shares jumped 16% to $117.45 Friday after the company announced it won a prime spot on the Missile Defense Agency’s SHIELD contract vehicle. The SHIELD contract has a $151 billion ceiling but provides no upfront funding; payments depend on future task orders. Investors are watching for early orders and a company update. The Pentagon awarded 340 more SHIELD contracts Thursday, extending the deal through 2035.