ViaSat Wins $52 M Lot 9 MIDS Delivery OrderAward Includes Both LVT(1) and LVT(2) Terminals
(Carlsbad, Calif., June 11, 2008) -- ViaSat Inc. (NASDAQ: VSAT) has won a delivery order valued at approximately $52 million for Multifunctional Information Distribution System terminals from The Space and Naval Warfare Systems Command (SPAWAR), San Diego. By gathering information into a digital view of the battlefield, MIDS provides greater situational awareness in combat for the U.S. Navy, Air Force, Army, Marine Corps, and for U.S. defense partners. The secure, high capacity, jam resistant wireless (non-satellite) system connects users with both digital data and voice communications. Delivery of Lot 9 units is expected to begin in May of next year and continue through the first quarter of ViaSat's fiscal year 2011.
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The Lot 9 order includes LVT(1) airborne and LVT(2) ground-based Low Volume Terminals under the Indefinite Delivery/Indefinite Quantity contract awarded in January 2000. The new award includes LVT(1) terminal variants and spares for E-2D, F/A-18, E/A-18G, EA-6B, and F-16 aircraft, and the MH-60R/S and CH-53K helicopters. The Lot 9 order also includes MIDS LVT(2) terminal variants and spares for various U.S. Army, Air Force and Marine Corps applications, as well as MIDS LVT(1) variant terminals for Portuguese and Turkish F-16 aircraft.
"This award underscores our position as a leader in supplying Link 16 equipment to the U.S. Government and reasserts our lead in ground systems, the fastest growing segment of the MIDS market," said Jay Kaufman, MIDS LVT program director at ViaSat. "We attribute that success to our team's focus on the continuous improvement of our service, engineering, and production, resulting in an outstanding record of customer satisfaction."
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Source : ViaSat