ViaSat Awarded $34 Million Contract to Develop MIDS Cryptographic Module
COTS-based PSIAM crypto module simplifies reconfiguration for new applications
CARLSBAD, Calif., Feb. 4, 2013
CARLSBAD, Calif., Feb. 4, 2013 /PRNewswire/ --The Space and Naval Warfare
Systems Command (SPAWAR), on behalf of the Multifunctional Information
Distribution System (MIDS) Program Office (MPO) (JPEOJTRS10), has awarded a
$34 million dollar firm fixed price contract to ViaSat Inc. (Nasdaq:VSAT) for
the design, development, and production of a cryptographic module (LCM) for
the MIDS Low Volume Terminal (MIDS-LVT) Block Upgrade 2.
The contract encompasses the development, prototype delivery, testing, and
integration of a cryptographic module that is designed to be integrated into a
variety of MIDS-LVT hardware variants. The award also calls for production of
approximately 10,000 LCMs for retrofit of all MIDS-LVT hardware in service at
the conclusion of the development.
"This award demonstrates the flexibility of our PSIAM cryptographic
technology, which is based entirely on commercial off the shelf (COTS)
components. That makes it easy and very cost effective to reconfigure for new
applications," said Richard Quintana, director of Information Assurance
Technology for ViaSat Secure Network Systems.
MIDS-LVT terminals provide secure, high capacity, jam resistant, digital data
and voice communications for Navy, Marines Corps, Army, and foreign tactical
aircraft, and also for shipboard and ground-based air control personnel.
About ViaSat (www.viasat.com)
ViaSat delivers fast, secure communications, Internet, and network access to
virtually any location for consumers, governments, enterprise, and the
military. The company offers fixed and mobile satellite network services
including Exede^® by ViaSat, which features ViaSat-1, the world's highest
capacity satellite; service to more than 1,750 mobile platforms, including
Yonder^® Ku-band mobile service; satellite broadband networking systems; and
network-centric military communication systems and cybersecurity products for
the U.S. and allied governments. ViaSat also offers communication system
design and a number of complementary products and technologies.Based in
Carlsbad, California, ViaSat employs over 2,400 people in a number of
locations worldwide for customer service, network operations, and technology
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 ease
and cost-effectiveness of reconfiguring the terminals for new applications.
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
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.
SOURCE ViaSat Inc.
Contact: Joe LoBello / Scott Cianciulli, Brainerd Communicators,
+1-212-986-6667, firstname.lastname@example.org, email@example.com
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