ViaSat Receives Additional $3 Million MIDS Delivery Order
CARLSBAD, Calif., Oct 09, 2008 (BUSINESS WIRE) -- ViaSat Inc. (NASDAQ:VSAT) has been awarded an additional order valued at approximately $2.97 million for Multifunctional Information Distribution System (MIDS) terminals from the Space and Naval Warfare Systems Command (SPAWAR), San Diego. The order augments the $59 million Lot 9 delivery orders previously announced, received by ViaSat as part of the MIDS annual Lot procurements. This new Lot 9 add-on is for LVT(11) ground-based Low Volume Terminals.
The MIDS LVT(11) variant is identical to the LVT(2) terminal for ground fixed and mobile applications, but includes voice capability. 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 qualified manufacturer of the LVT(2) and LVT(11) ground-based terminals.
ViaSat produces innovative satellite and other digital 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 has five subsidiaries: US Monolithics, Efficient Channel Coding, Enerdyne Technologies, Intelligent Compression Technologies, and JAST. These companies design and produce complementary products such as monolithic microwave integrated circuits, DVB-S2 satellite communication components, video data link systems, data acceleration and compression products, and mobile satellite antenna 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.
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. All additional products are trademarks of their respective owners.
SOURCE: ViaSat Inc.
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