CARLSBAD, Calif., Jan. 28, 2016 /PRNewswire/ -- The Boeing
Company (NYSE: BA) has awarded ViaSat Inc. (Nasdaq: VSAT), a global
broadband services and technology company, a contract for the
production of approximately 90 Link 16 Small Tactical Terminals
(STT) for the Lots 5 and 6 of the AH-64E Apache Guardian Attack
Helicopter production line.
The AH-64 Apache is the world's most advanced multi-role combat
helicopter and is used by the U.S. Army and a growing number of
international defense forces. Specifically, this STT full-rate
production contract will cover Apache helicopters for the next two
years. In addition, the STT has been selected by the U.S.
Government as the long-term radio solution for Link 16 and
Soldier Radio Waveform (SRW) capability for AH-64E Apache
helicopters. The commitment to the STT was made in recognition of
the terminal's capability to meet the ongoing needs of today's
warfighter while saving the U.S. government nearly $250M over the life of the program.
ViaSat brings real-time combat communications and network
interoperability with its two-channel, software–defined STT. The
low–SWaP (size, weight and power) STT enables the AH-64E Apache
helicopters to maintain constant presence on the Link 16 network
while simultaneously switching waveforms and network connections on
the second channel on the fly; merge disparate networks; and
deliver situational awareness as the mission unfolds. The terminal
is packaged in an affordable, ruggedized, compact form factor that
highlights both innovative design and usability.
"The AH-64E Apache award is a significant milestone for ViaSat
in that it enables us to deliver critical communications
capabilities for Army aviation while providing a logistically
common solution for Link 16 needs across multiple applications,"
said Ken Peterman, senior vice
president and general manager, Government Systems Division, ViaSat.
"Our strategy in the defense market has been to recognize critical
warfighter needs and apply our commercial model to develop
inventive solutions with availability years ahead of, and at a
fraction of the total cost of traditional DoD programs of record.
We see this AH-64E Apache award as validation for our strategy and
a key first step in laying the groundwork for future terminals that
will provide key operational data to warfighters but in form
factors previously considered unimaginable."
About ViaSat
ViaSat, Inc. (NASDAQ: VSAT) keeps the world connected.
As a global broadband services and technology
company, ViaSat ensures consumers, businesses,
governments and military personnel have communications access -
anywhere - whether on the ground or in-flight. The Company's
innovations in designing highest-capacity satellites and secure
ground infrastructure and terminal technologies coupled with its
international network of managed Wi-Fi hotspots
enable ViaSat to deliver a best available network that
extends the reach and accessibility of broadband internet service,
globally. For more information visit ViaSat at:
www.viasat.com, or follow the Company on social media:
Facebook, Twitter, LinkedIn and 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 STT timeframe, cost savings
to the U.S. government and strategy for future terminals. 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: contractual problems,
product defects, manufacturing issues or delays, regulatory issues,
technologies not being developed according to anticipated
schedules, or that do not perform according to expectations; and
increased competition and other factors affecting the government
and defense sectors 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 © 2016 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.