Viasat Awarded Up To $900 Mln Multi-Vendor Contract By US Air Force

RTTNews | 501 days ago
Stocktwits
Viasat Awarded Up To $900 Mln Multi-Vendor Contract By US Air Force

(RTTNews) - Satellite communications provider Viasat, Inc. (VSAT) announced Thursday 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 initializm 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.

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.

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.

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.

Tags: VSAT
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Viasat Awarded 5-Year $325 Mln IDIQ Contract By U.S. Special Operations Command

Viasat Awarded 5-Year $325 Mln IDIQ Contract By U.S. Special Operations Command

Communications company Viasat Inc. (VSAT) announced Thursday it was awarded an indefinite delivery, indefinite quantity (IDIQ) contract award worth up to $325 million over a five-year period to support the U.S. Special Operations Command (SOCOM). This sole-source IDIQ is an extension of a $350 million IDIQ contract awarded to Viasat in 2017.
RTTNews | 865 days ago
Viasat To Sell Link 16 Tactical Data Links Business To L3Harris For $1.96 Bln

Viasat To Sell Link 16 Tactical Data Links Business To L3Harris For $1.96 Bln

Viasat Inc. (VSAT), a global leader in satellite communications, announced Monday it has entered into a definitive agreement to sell its Link 16 Tactical Data Links (TDL) business to L3Harris Technologies, Inc. (LHX) for $1.96 billion, subject to customary transaction adjustments in accordance with the agreement.
RTTNews | 952 days ago
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Tuesday, but extending the gains in the previous four sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,300 level, with gains across most sectors led by technology, iron ore miners and energy stocks. Gold stocks were the only weak spot.
RTTNews | 1h 49min ago
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, amid easing fears of a prolonged trade global war after news that the US and China have agreed to drastically reduce the massive tariffs on each other's goods by 115 percent while retaining an additional 10 percent tariff. Asian markets closed mostly higher on Monday.
RTTNews | 2h 17min ago
Additional Support Expected For Thai Stock Market

Additional Support Expected For Thai Stock Market

Ahead of Monday's holiday for Wesak Day, the Thai stock market had alternated between positive and negative finishes through the previous four trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just above the 1,210-point plateau and it's got a strong lead for Tuesday's trade.
RTTNews | 3h 44min ago
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese stock market is trading sharply higher on Tuesday, extending the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight, with the Nikkei 225 moving above the 38,300 level, with gains across all sectors led by strong gains in technology and financial stocks.
RTTNews | 3h 48min ago
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