ViaSat Inc. Receives Award From Cubic for Communications Data Link (CDL) System CARLSBAD, Calif., Aug 12, 2003 /PRNewswire-FirstCall via COMTEX/ -- ViaSat Inc. (Nasdaq: VSAT) has been awarded $11.2 million by Cubic Corporation (Amex: CUB) to provide the Antenna Subsystem, and Communication Security and Network Interface components for the U.S. Navy`s Space and Naval Warfare Systems Command`s (SPAWAR) new Communications Data Link (CDL) System. The five-year contract also contains options for additional unit deliveries that could increase this value. This work is part of a $31.8 million contract Cubic received from SPAWAR in March for the CDL System, a wideband Common Data Link for the transmission of signal and imagery intelligence data between national/tactical reconnaissance aircraft sensors and their associated surface ship processing systems. Engineering and development activities are scheduled to be complete by September 2004. (Logo: http://www.newscom.com/cgi-bin/prnh/20030602/VSATLOGO ) Cubic has formed a San Diego-based team, including ViaSat, Inc. and AMSEC LLC, to deliver a system utilizing state-of-the-art "software-definable" radio, satellite antenna, and secure data technology. The new system will result in significant operational improvements and lifecycle cost reductions compared to shipboard data link systems in use today. About Cubic The Cubic Defense Applications group, one of Cubic`s two major segments, provides realistic combat training systems for military forces as well as simulation, force modernization, educational services and operations & maintenance and manufacturing services. The group also supplies products and systems for C4ISR (Command, Control, Communications, Computers, Intelligence, Surveillance & Reconnaissance) applications, search and rescue avionics and radio communications for military and civil markets. For more information about Cubic, see the company`s website at www.cubic.com . About ViaSat ViaSat Inc. (Nasdaq: VSAT) produces advanced digital satellite telecommunications, wireless signal processing equipment, and high assurance networking products for government and commercial markets. Other Government Systems products include information security devices, tactical communication radios, and communication simulators. ViaSat`s full line of satellite communication products includes VSAT systems for network access and infrastructure, and Ka-band satellite systems, from user terminals to large gateways for both geosynchronous and low earth orbit satellites. Along with its headquarters in Carlsbad, CA, ViaSat has divisions located in Norcross, GA, and Clarksburg, MD. In addition the company`s wholly-owned subsidiary, US Monolithics, designs and produces monolithic microwave integrated circuits (MMICs) and modules for use in broadband communications for military and commercial applications. USM is based in Chandler, Arizona. Safe Harbor Statement Portions of this release, particularly statements about future capabilities of the Communications Data Link System, may contain forward- looking statements regarding future events and are subject to risks and uncertainties. ViaSat wishes to caution you that there are some factors that could cause actual results to differ materially, including but not limited to: contractual problems, 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 telecommunications industry generally. The Company refers you to the documents it files from time to time with the Securities and Exchange Commission, specifically the section titled Factors That May Affect Future Performance in the Company`s Form 10-K, which contain and identify other important factors that could cause actual results to differ materially from those contained in our projections or forward-looking statements. Stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update publicly or revise any forward-looking statements. SOURCE ViaSat Inc. |
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Autor (Datum des Eintrages): | frank55 (12.08.03 19:37:55) |
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