Viasat (VSAT) has received a five-year, sole-source Indefinite Delivery/Indefinite Quantity – IDIQ – contract through the General Services Administration – GSA – with a $568M ceiling. This contract is a follow-on award through GSA that extends a previous IDIQ award issued in 2019. Under the award, Viasat will support the rapid migration of command, control, communications, computers, combat systems, intelligence, surveillance and reconnaissance capabilities and best practices from Special Operations Forces to General Purpose Forces. Through this contract, Viasat will continue to deliver a diverse portfolio of technologies and services to help advance and enable the communications, security, intelligence and operations that are essential for both SOF and GPF warfighters.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VSAT:
- ViaSat price target lowered to $9 from $24 at Barclays
- ViaSat to launch home and mobile broadband service in Mexico
- ViaSat Inc. Reports Strong Contract Awards in Q2 FY2025
- ViaSat still sees FY25 revenue growth flat to slightly up from $4.28B in FY24
- ViaSat still sees FY26 revenue and adjusted EBITDA growth