ViaSat Receives Award With $5.75 Million Ceiling (IDIQ) for Technical Services and Equipment From SPAWAR Atlantic
July 9, 2010
Includes data link and satcom systems
CARLSBAD, CA & CHARLESTON, SC – July 9, 2010 – ViaSat (NASDAQ:VSAT) has been awarded a $5.75 million Indefinite-Delivery/Indefinite-Quantity (IDIQ), firm-fixed-price contract for tactical data link and satellite communications equipment and engineering support services from the Space and Naval Warfare Systems Center Atlantic, Charleston, S.C. The contract combines purchases for the U.S. Navy (75 percent), and the government of the Republic of Turkey (25 percent) under the Foreign Military Sales program. The contract has an initial ceiling of $5.75 million through June 30, 2011, and all work will be funded and authorized by separate delivery orders.
This award includes contract options that, if exercised, would bring the cumulative ceiling of this contract to an estimated $29,999,500. If all options are exercised, work could continue until June 2015.
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.
