CARLSBAD, Calif., June 14, 2017 /PRNewswire/ -- ViaSat Inc. (NASDAQ: VSAT), a global broadband services and technology company, announced today it received a follow-on contract from Lockheed Martin (NYSE: LMT) to deliver datalink communications for the integration and test phase of the U.S. Navy's Long Range Anti-Ship Missile (LRASM) program. The contract calls for ViaSat to provide Weapon Data Link (WDL) L-Band Units (LBU) to support the overall missile test program's datalink communications requirements, as well as engineering support for software enhancements and flight test support.
The LRASM program is the key pillar of the U.S. Navy's Offensive Anti-Surface Warfare (OASuW) effort to improve its ability to engage and destroy high-value targets from extended range. The ViaSat datalink solution will enable the LRASM weapon system to communicate with launch platforms and provide growth opportunities in the future.
"Being selected by Lockheed Martin to provide the datalink unit for LRASM is a huge milestone for us," said Ken Peterman, president, Government Systems, ViaSat. "It validates our approach to the weapon datalink market by leveraging next-generation technology from our Battlefield Awareness and Targeting System (BATS) product line. The ViaSat datalink units provide highly-advanced communications capabilities and enhanced performance beyond previous weapon datalink offerings as well as a significantly reduced form factor with minimal development expense to our customers."
The LRASM solution is just the first in a series of offerings that ViaSat plans to bring to the marketplace over the next 12-18 months.
About ViaSat ViaSat, Inc. (NASDAQ: VSAT) keeps the world connected. As a global broadband services and technology company, ViaSat ensures consumers, businesses, governments and military personnel have communications access - anywhere - whether on the ground or in-flight. The Company's innovations in designing highest-capacity satellites and secure ground infrastructure and terminal technologies coupled with its international network of managed Wi-Fi hotspots enable ViaSat to deliver a best available network that extends the reach and accessibility of broadband internet service, globally. For more information visit ViaSat at: www.viasat.com, or follow the Company on social media: Facebook, Twitter, LinkedIn and YouTube.
Forward Looking Statement This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward looking statements include statements about the LRASM program and ViaSat's WDL LBU support. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: contractual problems, product defects, manufacturing issues or delays, regulatory issues, technologies not being developed according to anticipated schedules, or that do not perform according to expectations; and increased competition and other factors affecting the government sector generally. In addition, please refer to the risk factors contained in ViaSat's SEC filings available at www.sec.gov, including ViaSat's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. ViaSat undertakes no obligation to update or revise any forward-looking statements for any reason.