CARLSBAD, Calif., Jan. 15, 2018 /PRNewswire/ -- Viasat
Inc. (NASDAQ: VSAT), a global communications company,
announced today it was awarded an IDIQ contract with an initial
ceiling of $350M for advanced
equipment, systems, services and support to significantly modernize
ground/air situational awareness, tactical data links, terrestrial
networking, intelligence, surveillance, and reconnaissance (ISR),
tactical satellite communications, information assurance, network
management and cybersecurity for Special Operations Forces.
This major contract award includes a diverse array of Viasat
capabilities recently assessed, tested and validated to enable new
concepts of operation (CONOPS), improve situational awareness,
avoid fratricide and improve operational mission effects for
Special Operations Forces.
The IDIQ contract is structured to expand and evolve over time,
keeping pace with rapid technology advancements in mobile
networking, cybersecurity and broadband satellite communications
technology sectors. The flexible nature of the IDIQ will allow
Special Operations Command (SOCOM) to rapidly acquire, deploy and
evolve a wide variety of new operational capabilities, terminals,
products, systems, services, support and sustainment in support of
current and future SOCOM missions.
"We at Viasat have a deep and enduring commitment to our growing
partnership with SOCOM. As a part of that commitment we continue to
exploit opportunities to apply our cutting edge commercial
technologies to rapidly develop and deploy new and advanced
military operational capabilities in support of SOCOM's most
critical missions," said Ken
Peterman, president, Government Systems Viasat. "This sole
source award establishes a comprehensive contract vehicle enabling
SOCOM to rapidly acquire and deploy these new and modern
capabilities in support of evolving mission scenarios faster than
ever before."
The IDIQ contract award is purposefully aligned with current
Department of Defense (DoD) initiatives to modernize the military's
tactical network. In recent statements to the Senate Armed Services
Committee, General Raymond A. Thomas,
III, Commander USSOCOM discussed this need to be able to
rapidly transform capabilities: "While we are fully committed to
winning the current fight, we are simultaneously working to prepare
for the conflicts of tomorrow. We are always searching for
improvements and relentlessly pursuing our next advantage."
This contract vehicle will help ensure SOCOM has a modern
network with tactical systems that are agile and responsive to the
complex requirements of the multi-domain battlespace, while
assuring that deployed systems remain flexible enough to
continuously evolve and adapt today's rapidly advancing
technologies associated with mobile networking, information
technology, cybersecurity and broadband satellite
communications.
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
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: risks associated with
Viasat's technology, including the effect of any anomaly,
operational failure or degradation in performance, and the
Company's ability to realize the anticipated benefits of its
technologies, in general. 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 © 2018 Viasat, Inc. All rights reserved. All other
product or company names mentioned are used for identification
purposes only and may be trademarks of their respective
owners. Viasat is a registered trademark of Viasat,
Inc.
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SOURCE Viasat, Inc.