Viasat Awarded up to $568 Million IDIQ Contract from General Services Administration to Support C5ISR Capabilities for U.S. Defense Forces
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Viasat has been awarded a five-year IDIQ contract worth up to $568 million by the U.S. General Services Administration to support C5ISR capabilities for the U.S. Defense Forces. This contract will involve tactical networking, ground systems, satellite communication, and cybersecurity solutions.
December 10, 2024 | 1:15 pm
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Viasat has been awarded a significant $568 million IDIQ contract by the U.S. GSA to support C5ISR capabilities for the U.S. Defense Forces, enhancing its role in defense technology modernization.
The $568 million contract is a substantial addition to Viasat's revenue stream and strengthens its position in the defense sector. The focus on tactical networking and cybersecurity aligns with current defense priorities, likely boosting investor confidence and stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100