Viasat is one of several contractors awarded
an Indefinite Delivery/Indefinite Quantity
contract
to develop new systems and capabilities
for USAF
CARLSBAD, Calif., Dec. 28,
2023 /PRNewswire/ -- Viasat, Inc. (NASDAQ:
VSAT), a global leader in satellite communications, today announced
it will work with the U.S. Air Force's Life Cycle Management Center
(USAF LCMC) to transition and integrate new innovative technologies
and capabilities as part of a $900
million ceiling, Indefinite Delivery/Indefinite Quantity
(IDIQ) contract.
Under the multi-award contract – known by its initialism LCMC XA
IDIQ – Viasat is expected to prototype and test systems, hardware,
software, and cybersecurity solutions to provide integrated,
multi-domain capabilities for the USAF. Viasat experts will
accelerate and expand technology integration across the Air Force.
The contract has an approximate five-year term, with options for up
to an additional five years.
Today, the USAF is developing new systems, software and hardware
rapidly as it keeps pace with industry innovation. The architecture
and integration directorate – AFLCMC/XA – works with industry
contractors like Viasat to transition those technologies
ever-faster to operational forces. The contract was set up to allow
the USAF to quickly access a wide range of industry solutions and
make integrated technology available to its personnel more
quickly.
Viasat has been selected for each of the three categories under
the contract: 'Development Planning' will define the rapid
transition of technology from lab to operational use; 'Systems
Development' will see emerging systems, hardware and software
incorporated into existing platforms and tested in operational
environments; while 'Synthetic Environment Development' will allow
the directorate to build advanced models and simulations based on
real-life scenarios (digital twins) to perform operational
assessments.
Viasat brings over 35 years of satellite, networking,
cybersecurity innovation and execution for the Department of
Defense, including its ongoing work with the USAF fleet and a range
of other space development programs. The award will see Viasat
offer its entire range of resilient communications capabilities,
including commercially proven satellite services from its Ka-band,
S-band, and L-band networks.
"Resilient communications and communications security are
critical for military operations, and the USAF has been clear they
need to move technology from development to at-scale operational
use quicker than ever," said Susan
Miller, President of Viasat Government. "This award provides
the means to work directly with the Air Force research, development
and operational communities to transition a huge range of
developments, which can all ultimately help deliver mission
success."
The contract is one of the first major DoD IDIQ contracts
awarded to Viasat since its acquisition of Inmarsat in May 2023, which significantly expanded the
company's scale and scope. The combined company now operates a
fleet of 18 satellites in space, with an additional 10 satellites
under development.
About Viasat
Viasat is a global communications
company that believes everyone and everything in the world can be
connected. With offices in 24 countries around the world, our
mission shapes how consumers, businesses, governments and
militaries around the world communicate and connect. Viasat is
developing the ultimate global communications network to power
high-quality, reliable, secure, affordable, fast connections to
positively impact people's lives anywhere they are—on the ground,
in the air or at sea, while building a sustainable future in space.
On May 30, 2023, Viasat completed its
acquisition of Inmarsat, combining the teams, technologies and
resources of the two companies to create a new global
communications partner. Learn more at www.viasat.com, the
Viasat News Room or follow us on
Facebook, Instagram, LinkedIn, X
or YouTube.
Copyright © 2023 Viasat, Inc. All rights reserved. Viasat,
the Viasat logo and the Viasat Signal are registered trademarks in
the U.S. and in other countries of Viasat, Inc. All other product
or company names mentioned are used for identification purposes
only and may be trademarks of their respective owners.
Forward-Looking Statements
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, among
others, statements that refer to our ability to capitalize on
awards under the LCMC XA ID/IQ contract vehicle; and the
performance, features and benefits of Viasat's solutions.
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 the construction, launch and operation of
satellites, including the effect of any anomaly, operational
failure or degradation in satellite performance; our ability to
successfully develop, introduce and sell new technologies, products
and services; audits by the U.S. Government; changes in the global
business environment and economic conditions; delays in approving
U.S. Government budgets and cuts in government defense
expenditures; changes in relationships with, or the financial
condition of, key customers or suppliers; our reliance on a limited
number of third parties to manufacture and supply our products;
increased competition; introduction of new technologies; the effect
of adverse regulatory changes (including changes affecting spectrum
availability or permitted uses) on our ability to sell or deploy
our products and services; and other factors affecting the
communications and defense industries generally. In addition,
please refer to the risk factors contained in our SEC filings
available at www.sec.gov, including our 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.
We undertake no obligation to update or revise any forward-looking
statements for any reason.
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SOURCE Viasat, Inc.