CARLSBAD, Calif., Jan. 13 /PRNewswire-FirstCall/ -- ViaSat Inc. (Nasdaq: VSAT) has been awarded an order valued at approximately $4.8 million for Multifunctional Information Distribution System (MIDS) terminals. This award resulted from a competitive procurement for 30 LVT(6) configuration terminals under a Foreign Military Sales (FMS) program through the Space and Naval Warfare Systems Command (SPAWAR). The order will be for MIDS-LVTs for the F-16 aircraft. The F-16 is the world's most widely flown jet fighter and ViaSat is the leading supplier of MIDS terminals to F-16 fleets worldwide.
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 on US Navy, US Air Force, US Army platforms and military platforms of other nations. ViaSat is one of two U.S. Government-qualified manufacturers of Link-16 MIDS-LVT airborne terminals and is the leading supplier of the LVT(2) ground-based terminal.
About ViaSat (www.viasat.com)
ViaSat produces innovative satellite and other digital communication products that enable fast, secure, and efficient communications to virtually any location. The company provides networking products and managed network services for enterprise IP applications; is a key supplier of network-centric military communications and encryption technologies and products to the U.S. government; is the primary technology partner for gateway and customer-premises equipment for consumer and mobile satellite broadband services; and owns WildBlue, the premier Ka-band satellite broadband service provider. ViaSat also offers design capabilities and a number of complementary products including monolithic microwave integrated circuits and modules, DVB-S2 satellite communication components, video data link systems, data acceleration and compression, and mobile satellite antenna systems. ViaSat is based in Carlsbad, CA, has major locations in Duluth, GA, Germantown, MD (Comsat Laboratories), and Greenwood Village, CO (WildBlue), along with additional field offices and service centers worldwide.
Safe Harbor Statement
Portions of this release, particularly statements about deliveries and performance of the ViaSat MIDS-LVT terminal, may contain forward-looking statements regarding future events and are subject to risks and uncertainties. ViaSat wishes to caution you that there are some factors that could cause actual results to differ materially, including but not limited to: 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 telecommunications industry generally. ViaSat refers you to the documents it files from time to time with the Securities and Exchange Commission, including the Risk Factors in the ViaSat's Form 10-K and 10-Q, which contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. ViaSat undertakes no obligation to update publicly or revise any forward-looking statements.
Comsat Labs and Comsat Laboratories are tradenames of ViaSat Inc. Neither Comsat Labs nor Comsat Laboratories is affiliated with COMSAT Corporation. "Comsat" is a registered trademark of COMSAT Corporation. All additional products are trademarks of their respective owners.
SOURCE ViaSat Inc.