ViaSat Receives Additional $7 M MIDS Delivery OrderLot 9 Add-on Includes Both LVT(1) and LVT(2) Terminals
(Carlsbad, Calif., September 26, 2008) -- ViaSat Inc. (NASDAQ: VSAT) has been awarded an additional order valued at approximately $7 million for Multifunctional Information Distribution System (MIDS) terminals from the Space and Naval Warfare Systems Command (SPAWAR), San Diego. The order augments the $52 million Lot 9 delivery order announced on June 11, received by ViaSat as part of the MIDS annual Lot procurements. The Lot 9 add-on consists primarily of LVT(2)/LVT(11) ground-based Low Volume Terminals, along with LVT(1) airborne terminals.
The Global Military Electro Optical Infrared (EO/IR) Systems Market 2015-2025
MIDS LVT is part of a tactical radio system that collects data from many sources and displays an electronic overview of the battlefield using secure, high capacity, jam resistant, digital data and voice. The system is used by the U.S. Navy, U.S. Air Force, U.S. Army, as well as militaries of other nations. ViaSat is one of two U.S. government-qualified manufacturers of Link 16 MIDS airborne terminals and is the only qualified manufacturer of the LVT(2) ground-based terminal.
Source : ViaSat