Total Lot 10 awards exceed $31 million

Carlsbad, CA – ViaSat Inc. (Nasdaq:VSAT) has been awarded two additional orders valued at more than $10 million for Multifunctional Information Distribution System (MIDS) terminals and spare components from the Space and Naval Warfare Systems Command (SPAWAR), San Diego. These orders augment the $21 million Lot 10 delivery order previously announced by ViaSat as part of the MIDS annual Lot procurements. These new Lot 10 add-ons are for LVT(1), LVT(2), LVT(4) and LVT(11) Low Volume Terminals along with Shop Replaceable Units (SRUs) to be used as spares. The MIDS-LVT units for this add-on will support various government platforms and programs including the Battlefield Airborne Communications Node (BACN) program, the Pocket J program, the F/A-18, and P-3 aircraft.  

MIDS-LVT is part of a tactical radio system (non-satellite) 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 by the U.S. Navy, U.S. Air Force, U.S. Army, as well as the military forces of other nations. ViaSat is one of two U.S. government-qualified manufacturers of Link 16 MIDS airborne terminals and is the only fully qualified manufacturer of the LVT(2) and LVT(11) ground-based terminals. 

Safe Harbor Statement

Portions of this release, particularly statements about the deliveries and performance of the ViaSat MIDS terminals, and support for various government platforms and programs, 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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