ViaSat awarded $51.9 million Navy contract
By
Associated Press
June 11, 2008
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ViaSat Inc. received a $51.9 million Navy contract to supply Multifunctional Information Distribution System terminals, which provide digital battlefield views and provide users with high-capacity, jam-resistant voice and data connections.
The contract combines purchases for the U.S. military, Turkey and Portugal.
Shares of the Carlsbad, Calif., company fell 6 cents to $21.96 Wednesday.