Viasat Awarded 5-Year $325M IDIQ Contract by USSOCOM

Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it was awarded an indefinite delivery, indefinite quantity (IDIQ) contract award worth up to $325 million over a five-year period to support the U.S. Special Operations Command (SOCOM). This sole-source IDIQ is an extension of a $350 million IDIQ contract awarded to Viasat in 2017.

Under the contract award, Viasat will continue to provide advanced mission equipment, services and support to sustain and improve situational awareness, integration, terrestrial networking, intelligence, surveillance and reconnaissance (ISR), tactical satellite communications, information assurance and network management capabilities of Special Operations Forces.

“This contract award reaffirms Viasat’s deep commitment and partnership with the SOCOM community to understand and address the capability needs of forces for the most complex missions,” said Craig Miller, president of Viasat Government Systems. “Networking and communications needs across the modern battlespace are continually evolving and we’re excited to help SOCOM maintain the advantage with solutions that deliver the performance, flexibility and resilience Special Operations Forces require to successfully operate independently and interoperate effectively with joint forces.”

The IDIQ contract vehicle is intentionally flexible to allow for the evolution and adaption required to shift with rapid technology developments and the dynamic mission requirements of SOCOM forces. This structure is important to enabling new concepts of operation (CONOPS) and achieving desired mission effects through rapidly deployed technologies, systems and services.