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Technology Stocks : ViaSat

VSAT 39.82

+2.2%

Oct 31 9:30 AM EST

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From: JakeStraw	1/25/2010 11:41:10 AM
	of 1112

ViaSat Awarded First Limited Production Order for MIDS JTRS Terminals finance.yahoo.com Production marks major milestone in JTRS program CARLSBAD, Calif., Jan. 21 /PRNewswire-FirstCall/ -- ViaSat Inc. (Nasdaq: VSAT) has been awarded a Limited Production (LP) order valued at $14.4 million for Multifunctional Information Distribution System Joint Tactical Radio System (MIDS JTRS) terminals for the U.S. government. The LP award resulted from a competitive procurement for 41 terminals through the Space and Naval Warfare Systems Command (SPAWAR). ViaSat was awarded 100% of the terminals in the procurement. The order is being awarded under the MIDS Indefinite Delivery/Indefinite Quantity contract initially executed in January 2000. The MIDS JTRS terminals are for F/A-18E/F and E-8C Joint STARS aircraft and spares.

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