ViaSat awarded contract to provide ViaSat Link 16 Small Tactical Terminal to Apache AH-64E Guardian Helicopters.
M2 EQUITYBITES-January 29, 2016-ViaSat awarded contract to provide ViaSat Link 16 Small Tactical Terminal to Apache AH-64E Guardian Helicopters
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ViaSat Inc (Nasdaq:VSAT), a broadband services and technology company, announced on Thursday the award of a contract by the Boeing Company (NYSE:BA) 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 considered the world's most advanced multi-role combat helicopter and is used by the US Army and a growing number of international defence forces.
This STT full-rate production contract, financial details of which were not available, will cover Apache helicopters for the next two years. In addition, the STT has been selected by the US Government as the long-term radio solution for Link 16 and Soldier Radio Waveform (SRW) capability for AH-64E Apache helicopters.
According to the company, this 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 US government nearly USD250m over the life of the programme.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Jan 29, 2016|
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