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ViaSat Receives Contract from Taiwan |
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CARLSBAD, Calif., Feb. 15, 2007/Satnews Daily/ ― Taiwan has awarded ViaSat Inc. (Nasdaq:VSAT - News) a $12 million contract for the latter’s Multifunctional Information Distribution System (MIDS) terminals, a battlefield tactical radio system.
Taiwan is purchasing 70 LVT(1) configuration terminals plus spares under the Foreign Military Sales (FMS) Program through the Space and Naval Warfare Systems Command (SPAWAR). The order will be for the Taiwan Ministry of National Defense.
ViaSat also received a $3.1 million add-on award to the Lot 7 delivery order from the Space and Naval Warfare Systems Command (SPAWAR), San Diego. This add-on is for MIDS LVT(1), LVT(2) and LVT(7) configuration terminals for U.S. Navy and U.S. Air Force applications. The Lot 7 delivery order was initially announced on July 6, 2006 and has had multiple add-ons bringing the total value of Lot 7 to nearly $90 million.
Paul Baca vice president of Tactical Data Links at ViaSat said the order from Taiwan is very strategic for the company. He noted that Taiwan has a large fleet of aircraft and the company see this initial win as an excellent entry point for future business in Taiwan. He said these orders bring the value of its terminal awards since June 2006 to more than $100 million.
MIDS LVT is part of a tactical radio system 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 on US Navy, US Air Force, US Army platforms and military platforms 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) ground-based terminal.
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