$38 Million MIDS Tactical Network Terminal Order from Turkish Air Force

$38 Million MIDS Tactical Network Terminal Order from Turkish Air Force

2006-11-01 - Tactical Data Links 

Carlsbad, CA – ViaSat Inc. has been awarded an order valued at almost $38 million for Multifunctional Information Distribution System (MIDS) terminals for the Turkish Air Force. As previously announced the Turkish government selected ViaSat as its sole provider of MIDS terminals for its F-16 fleet. This award is for 194 LVT(6) configuration terminals ordered under the Foreign Military Sales (FMS) Program through the Space and Naval Warfare Systems Command (SPAWAR). The order is an add-on to the Lot 7 award previously announced and includes other adjustments bringing the total Lot 7 value to nearly $87 million.

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 U.S. Navy, U.S. Air Force, U.S. Army platforms and military platforms other nations. ViaSat is one of two U.S. government-qualified manufacturers of Link-16 MIDS airborne terminals and is the only qualified manufacturer of the LVT(2) ground-based terminal.

Safe Harbor Statement
Portions of this release, particularly statements about the performance and deliveries of ViaSat products and technology, 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. The Company refers you to the documents it files from time to time with the Securities and Exchange Commission, specifically the section titled Risk Factors in the Company's Form 10-K, 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. We undertake no obligation to update publicly or revise any forward-looking statements.


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