ViaSat Awarded Additional $5.5 M MIDS-LVT Lot 11 Delivery Order
- Add-on increases total Lot 11 award to $39.7 million
Carlsbad, Calif - ViaSat Inc. (Nasdaq: VSAT) has been awarded an additional order valued at $5.5 million for Multifunctional Information Distribution System - Low Volume Terminals (MIDS-LVT) and spares from the Space and Naval Warfare Systems Command (SPAWAR), San Diego. This order augments the Lot 11 delivery orders previously announced by ViaSat as part of the MIDS annual Lot procurements. This new Lot 11 add-on is for LVT(1), LVT(2), LVT(4), and LVT(11) terminals for U.S. Navy and U.S. Air Force programs, and to support a Foreign Military Sale (FMS) requirement for the Commonwealth of Australia. Terminal deliveries are scheduled to begin in March 2011.
MIDS-LVT is part of a tactical radio system (non-satellite) 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 the military forces of other nations. ViaSat is one of two U.S. government-qualified manufacturers of Link 16 MIDS terminals.
Source : ViaSat Inc.
Published on ASDNews: Sep 28, 2010