Printer Friendly

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

(C)2016 M2 COMMUNICATIONS http://www.m2.com

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.

((Comments on this story may be sent to info@m2.com))

COPYRIGHT 2016 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2016 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M2 EquityBites (EQB)
Date:Jan 29, 2016
Words:204
Previous Article:Union Bankshares announces USD 0.19 per share quarterly dividend.
Next Article:Dr Reddy's Laboratories passes US FDA approval for ZEMBRACE SymTouch injection for acute migraine episodes.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters