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Barchart
Barchart
Aditya Raghunath

This Space Stock Just Won a Key Role in Building Trump’s Golden Dome. Should You Buy Shares Now?

AST SpaceMobile AST United States ASTS SHIELD Verizon

AST SpaceMobile (ASTS) shares surged roughly 15% on Friday after the satellite communications company secured a coveted position as a prime contractor on the Missile Defense Agency's SHIELD program. 

The indefinite-delivery, indefinite-quantity contract positions the Texas-based firm to compete for future task orders supporting the Trump administration's ambitious “Golden Dome” program. Basically, the Golden Dome aims to provide layered protection against air, missile, space, cyber, and hybrid threats across all operational domains.

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