CARLSBAD, Calif., July 25, 2016 /PRNewswire/ -- The United States Defense Information Systems Agency (DISA) awarded ViaSat Inc. (NASDAQ: VSAT), a global broadband services and technology company, a non-competitive, firm-fixed-price contract to provide senior leaders and their support staff with global in-flight broadband and communications services. The award covers support for VC-25s, C-17s, C-32s, C-37s, C-40s and the complete range of VIP and special air mission aircraft.
The ViaSat in-flight internet service has been recognized industry-wide for delivering high-quality, reliable and fast in-flight internet service. As noted by ViaSat, the service enables "a Situation Room in the Sky" experience – with the ability to use the in-flight broadband connection to stream full-motion high-definition video for Intelligence, Surveillance and Reconnaissance (ISR), en-route Command and Control (C2) and Search and Rescue (S&R) missions; maintain two-way communications through HD video conference calling or voice over internet protocol calls; access real-time intelligence and other location-based, live-sensor data for critical decision-making and more.
"ViaSat's high-capacity global in-flight internet service ensures executive and government leaders and their teams can stay connected, informed and productive, maximizing the effectiveness of time in-flight with 'Situation Room and Command Center' connectivity in the sky," said Ken Peterman, senior vice president and general manager, Government Systems Division, ViaSat. "This award is a significant accomplishment and we are proud to be delivering remarkably fast data speeds and an abundance of capacity to support the in-flight communications needs of our government's senior leadership on Air Force One and other special air mission aircraft."
ViaSat believes a key enabler to delivering this global in-flight broadband connectivity is that it offers a field-proven, certified, hybrid Ku-/Ka-band system, which will keep government aircraft connected to ViaSat's best available satellite network. The hybrid terminal and radome enables automatic in-flight network switching across Ku- and Ka-band satellite networks for an advanced "global roaming capability."
Award Details According to DISA, the face value of this award is $33,052,330 funded by fiscal 2016 operations and maintenance funding. The total cumulative face value of the contract is $73,217,722. The synopsis/notice of intent was posted on the Federal Business Opportunities webpage. The period of performance is June 1, 2016, through May 31, 2017, with two six-month option periods. The Defense Information Technology Contracting Organization, Scott Air Force Base, Illinois, is the contracting activity.
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 Statements 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 success and the timeline of opportunities delivered to the U.S. government for in-flight broadband support for its VC-25s, C-17s, C-32s, C-37s, C-40s and its complete range of VIP and special air mission aircraft. 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 industry 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.