CARLSBAD, Calif., May 21, 2019 /PRNewswire/ -- Viasat
Inc. (NASDAQ: VSAT), a global communications company,
announced today it was awarded an IDIQ contract by the U.S. General
Services Administration (GSA) on April 18,
2019, with a maximum ceiling of $450
million to support Rapid Migration of Command, Control,
Communications and Computers/Cyber (C5AD) Capability Best Practices
for U.S. Special Operations Forces (SOF) and U.S. General Purpose
Forces (GPF).
Through this award, Viasat will deliver a diverse portfolio of
technologies and services to advance communications, intelligence,
security and operational capabilities for SOF and GPF warfighters
operating across the battlespace. Viasat products and services
included as part of the IDIQ were assessed, tested and validated to
enable new concepts of operation, improve situational awareness,
avoid fratricide and improve overall mission effectiveness for U.S.
SOF and GPF.
The IDIQ contract is structured to meet the immediate needs of
the Department of Defense (DoD) in mobile networking, cybersecurity
and broadband satellite communications technology sectors. The
flexible nature of the IDIQ will allow U.S. SOF and GPF to rapidly
acquire and deploy a wide variety of new operational capabilities,
products, systems and services in order to help significantly
enhance overall SOF and GPF mission effectiveness and improve
safety for warfighters operating across the battlespace.
About Viasat
Viasat is a global communications company that believes everyone
and everything in the world can be connected. For more than 30
years, Viasat has helped shape how consumers, businesses,
governments and militaries around the world communicate. Today, the
Company is developing the ultimate global communications network to
power high-quality, secure, affordable, fast connections to impact
people's lives anywhere they are—on the ground, in the air or at
sea. To learn more about Viasat, visit: www.viasat.com, go to
Viasat's Corporate Blog, or follow the Company on social media at:
Facebook, Instagram, LinkedIn, Twitter or YouTube.
Forward Looking Statement
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. Forward looking
statements include statements about the Viasat awarded IDIQ,
including total award amount; and its expansion or evolution over
time; Viasat's delivery of a portfolio of technologies, product and
services; the anticipated benefits of Viasat technologies to the
DoD, SOF and GPF; and Special Operations Forces use of Viasat's
technology for advanced equipment, systems, services and support to
significantly modernize ground/air situational awareness, tactical
data links, terrestrial networking, ISR, tactical satellite
communications, information assurance, network management and
cybersecurity. Readers are cautioned that actual results could
differ materially from those expressed in any forward-looking
statements. Factors that could cause actual results to differ
include: Viasat's ability to successfully develop, introduce and
sell new technologies, products and services; audits by the U.S.
government; delays in approving U.S. government budgets and cuts in
government defense expenditures; Viasat's reliance on U.S.
government contracts, and on a small number of contracts which
account for a significant percentage of our revenues; reduced
demand for products and services as a result of continued
constraints on capital spending by customers; and introduction of
new technologies and other factors affecting the defense 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.
Copyright © 2019 Viasat, Inc. All rights reserved. Viasat, the
Viasat logo and the Viasat signal are registered trademarks of
Viasat, Inc. All other product or company names mentioned are used
for identification purposes only and may be trademarks of their
respective owners.
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SOURCE Viasat, Inc.