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Iridium Posts $615M Total Revenue for Full-Year 2021; Matt Desch Quoted

Iridium Posts $615M Total Revenue for Full-Year 2021; Matt Desch Quoted - top government contractors - best government contracting event

TYSONS CORNER, VA, March 10, 2022 — Iridium Communications recorded a 5 percent total revenue growth to $614.5 million for the full-year 2021 and reported $378.2 million in operational earnings before interest, tax, depreciation and amortization during the same year, GovCon Wire reported.

Matt Desch, CEO of Iridium and a 2022 Wash100 Award winner, said the company experienced another strong year following “the best subscriber growth” in its history.

“We achieved this growth even in the face of supply chain issues, while continuing to expand our product portfolio,” he added.

Iridium Posts $615M Total Revenue for Full-Year 2021; Matt Desch Quoted - top government contractors - best government contracting event

Matt Desch is among the winners of the 2022 Wash100 Award. Visit Wash100.com to cast your votes for him and your other favorite govcon leaders.

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Written by Christine Thropp

oversees day-to-day content production for ExecutiveBiz, a publication under Executive Mosaic's media group covering government contracting industry news. She also writes about executive movements and commentaries, M&A activities, contract awards and technology and service offerings of medium-sized businesses and other GovCon companies. Prior to assuming her current responsibilities with EBiz, Thropp produced daily competitive intelligence briefings for the company's GovCon customers.

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