Dec 11, 2006
ViaSat Finalizes $35 million Subcontract With Boeing for FAB-T Information Security
CARLSBAD, Calif., Dec. 11 /PRNewswire-FirstCall/ -- ViaSat, Inc. (Nasdaq: VSAT) finalized a $35 million dollar subcontract modification with Boeing Integrated Defense Systems for the Family of Advanced Beyond-line-of-sight Terminals (FAB-T) program. As part of the Boeing team, ViaSat is developing protected communication equipment that will provide the U. S. Government with secure strategic and tactical communications. This award adds additional technical requirements to the ViaSat subcontract and extends ViaSat product development and support through 2011.
ViaSat has completed two major FAB-T program deliveries. Acceptance testing on the Prototype phase is complete and has been delivered to the U.S. Air Force as part of the Boeing team FAB-T terminal delivery. Boeing has also taken delivery of the engineering development model hardware and software.
FAB-T is an Air Force initiative to provide a multi-mission capable family of terminals that is based on a common design and open system architecture so it can communicate with different satellites. These radio systems enable information exchange between ground, airborne, and space platforms. Once operational, FAB-T is designed to provide critical, protected beyond line-of- sight communications for warfighters via the new Advanced Extremely High Frequency (Advanced EHF) System, a new class of secure military satellites. In subsequent increments, FAB-T is expected to enable interchange with other beyond line-of sight and national satellite communications systems.
About Boeing (www.boeing.com)
A unit of The Boeing Company (NYSE: BA), Boeing Integrated Defense Systems is one of the world's largest space and defense businesses. Headquartered in St. Louis, Boeing Integrated Defense Systems is a $30.5 billion business. It provides network-centric systems to its global military, government, and commercial customers. It is a leading provider of intelligence, surveillance, and reconnaissance systems; the world's largest military aircraft manufacturer; the world's largest satellite manufacturer and a leading provider of space-based communications; the primary systems integrator for U.S. missile defense; NASA's largest contractor; and a global leader in sustainment and launch services.
About ViaSat (www.viasat.com)
ViaSat produces innovative satellite and other communication products that enable fast, secure, and efficient communications to 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 to the U.S. government; and is the primary technology partner for gateway and customer-premises equipment for consumer and mobile satellite broadband services. The company's three wholly owned subsidiaries, US Monolithics, Efficient Channel Coding, and Enerdyne Technologies Inc., design and produce complimentary products such as monolithic microwave integrated circuits, DVB-S2 satellite communication components, and video data link systems. ViaSat has locations in Carlsbad, CA, and Duluth, GA, along with its Comsat Laboratories division in Germantown, MD. Additional field offices are located in Boston, MA, Baltimore, MD, Washington DC, Australia, China, India, Italy, and Spain.
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.
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.
SOURCE ViaSat, Inc. -0- 12/11/2006 /CONTACT: Joe LoBello, firstname.lastname@example.org, or Olga Shmuklyer, email@example.com, both of Brainerd Communicators, +1-212-986-6667, for ViaSat, Inc./ /Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20030602/VSATLOGO AP Archive: http://photoarchive.ap.org PRN Photo Desk, firstname.lastname@example.org/ /Web site: http://www.viasat.com http://www.boeing.com/ (VSAT BA)
CO: ViaSat, Inc.; Boeing Integrated Defense Systems; U.S. Air Force; Boeing Company ST: California, Missouri IN: CPR HTS ARO NET ITE SU: CON
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