Sep 26, 2011
ViaSat Awarded MIDS JTRS Contracts
CARLSBAD, Calif., Sept. 26, 2011 /PRNewswire/ -- ViaSat Inc. (Nasdaq: VSAT) has been awarded engineering development orders valued at over $15 million for Multifunctional Information Distribution System Joint Tactical Radio System (MIDS JTRS) terminals for the U.S. government. The awards resulted from a cooperative procurement through the Space and Naval Warfare Systems Command (SPAWAR). The orders were awarded under the MIDS Indefinite Delivery/Indefinite Quantity contract initially executed in March 2010. The awards provide the first block cycle (BC1) information assurance modernization upgrades and additional enhancements for MIDS JTRS terminals.
MIDS JTRS is a joint development of ViaSat and Data Link Solutions and provides a migration path from the MIDS-LVT to a certified, reprogrammable, software-defined radio architecture for tactical data links. The MIDS JTRS adds three programmable channels to the legacy Link-16 and TACAN capabilities of the MIDS-LVT. The three new channels are designed to host future advanced airborne networking waveforms. MIDS JTRS is "plug-and-play" backward compatible with MIDS-LVT so it can easily replace the MIDS-LVT, but remain interoperable.
About ViaSat (www.viasat.com)
ViaSat delivers fast, secure communications, Internet, and remote network access to fixed sites or on-the-move. 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. and allied governments; is the primary technology partner for gateway and customer-premises equipment for consumer and mobile satellite broadband services; and offers high-speed Ka-band satellite broadband services under the WildBlue brand. 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. Based in Carlsbad, Calif., ViaSat has established a number of worldwide locations for customer service, network operations, and technology development.
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. ViaSat wishes to caution you that there are some factors that could cause actual results to 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 telecommunications 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.
SOURCE ViaSat Inc.
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