$VSAT (ViaSat Inc.)

$VSAT {{ '2015-11-17T23:15:53+0000' | timeago}} • Announcement

$VSAT & Jet Aviation St. Louis both partnered to develop the first-ever hybrid Ku-/Ka-band radome for Gulfstream's large cabin business jets, starting with the Gulfstream G550. The agreement covering both the new dual-band radome & associated Supplemental Type Certificate (STC) will ensure Gulfstream aircraft is equipped with the new hybrid system.

$VSAT {{ '2018-01-16T14:38:21+0000' | timeago}} • Announcement

$VSAT was awarded an IDIQ contract with an initial ceiling of $350MM for advanced equipment, systems, services and support to modernize, among others, ground/air situational awareness, tactical data links, terrestrial networking, intelligence, surveillance, and reconnaissance for US Special Operations Forces.

$VSAT {{ '2018-01-11T18:01:55+0000' | timeago}} • Announcement

$VSAT has appointed Sean Pak to its BoD. Pak will serve as a Class II director effective immediately, with an initial term expiring at the company's 2019 Annual Meeting of Stockholders. With this appointment, the Viasat Board now consists of 10 members, eight of whom are independent directors.

$VSAT {{ '2017-11-21T18:25:42+0000' | timeago}} • Announcement

$VSAT has expanded its current relationship with Satcom Direct to offer $VSAT’s full suite of in-flight connectivity systems and services to large and mid-cabin business jets. The new agreement adds $VSAT’s latest Ka-band business jet service to SD's IFC portfolio, which already included $VSAT’s global Ku-band IFC service.

$VSAT {{ '2017-11-06T12:22:50+0000' | timeago}} • Announcement

$VSAT announced a public private partnership between its wholly owned subsidiary ViaSat Antenna Systems S.A. and the European Space Agency to develop key components of the ViaSat-3 satellite communications system with European industry.

$VSAT {{ '2017-09-25T12:35:23+0000' | timeago}} • Announcement

$VSAT completed the Critical Design Review (CDR) milestones for the ViaSat-3 class spacecraft. The payload CDR was successfully completed last week, and when combined with the successful bus CDR, conducted with $BA in mid-August, $VSAT and $BA are now moving forward with building, integrating and testing the first two satellites.

$VSAT {{ '2017-09-07T21:43:12+0000' | timeago}} • Announcement

$VSAT upsized and priced its offering of $700MM of its 5.625% Senior Notes due 2025. The offering was upsized from the previously announced $600MM in aggregate principal amount. The closing of the sale of the notes is expected to occur on or about Sept. 21, 2017.

$VSAT {{ '2017-09-05T15:48:32+0000' | timeago}} • Announcement

$VSAT intends to commence an offering of $600MM of senior unsecured notes due 2025. The company intends to use the net proceeds from the offering to finance the purchase of all of its outstanding 6.875% Senior Notes due 2020 pursuant to a cash tender offer announced on Sept. 5.

$VSAT {{ '2017-09-05T15:46:22+0000' | timeago}} • Announcement

$VSAT commenced a cash tender offer to purchase any and all of its $575MM of outstanding 6.875% Senior Notes due 2020. The company is offering to buy notes validly tendered prior to Sept. 20, 2017, unless extended or terminated. $VSAT expects the settlement date to occur on Sept. 21, 2017.

$VSAT {{ '2017-07-12T20:34:46+0000' | timeago}} • Announcement

$VSAT appointed Varsha Rao to its BoD. Rao will serve as a Class III Director effective immediately. With this appointment, the company's Board now consists of nine members, seven of whom are independent directors.

$VSAT {{ '2017-06-26T12:41:32+0000' | timeago}} • Announcement

Broadband services provider $VSAT has received contracts worth $88.3MM from the US Navy Space and Naval Warfare Systems Command to provide ‘information distribution system - radio system terminals’ for the navy and air force. Under the Lot 5 and Lot 5a contracts, ViaSat will provide data link and programmable networking technologies for warfighter.

$VSAT {{ '2017-06-22T13:20:49+0000' | timeago}} • Announcement

$VSAT said that following the successful launch of the ViaSat-2 satellite on June 1, 2017, the satellite has now completed additional major milestones including the chemical orbit raising phase of the program; and deployment of its solar arrays.

$BA {{ '2017-06-20T12:51:29+0000' | timeago}} • Announcement

$BA has awarded $VSAT a multi-year contract for the production of  a two-channel Small Tactical Terminal for AH-64E Apache Guardian aircraft. The base contract calls for a minimum of 534 terminals to be produced over the next four years, and will eventually contain options.

$VSAT {{ '2017-06-14T12:52:37+0000' | timeago}} • Announcement

$VSAT received a follow-on contract from $LMT to deliver datalink communications for the integration and test phase of the U.S. Navy's Long Range Anti-Ship Missile (LRASM) program. The LRASM solution is just the first in a series of offerings that ViaSat plans to bring to the marketplace over the next 12-18 months

$VSAT {{ '2017-06-02T12:15:59+0000' | timeago}} • Announcement

$VSAT announced the successful launch of its ViaSat-2 satellite aboard an Arianespace Ariane 5 ECA launch vehicle. The Ariane 5 ECA carrying ViaSat-2 lifted off June 1 from the Guiana Space Center, located in Kourou, French Guiana.

$VSAT {{ '2017-05-23T22:03:23+0000' | timeago}} • Webcast

Going forward, $VSAT expects to have continued challenging market conditions and multiple competitors in its market segments. The company estimates U.S. DoD budget wrangling to create lumpiness in award timing.

$VSAT {{ '2017-05-23T21:52:13+0000' | timeago}} • Webcast

$VSAT said that despite the high utilization of its existing satellites it still expects year-over-year revenue growth in FY18 and beyond. The company expects to increase its presence in Europe through its new joint venture and existing customer relationships.

$VSAT {{ '2017-05-23T20:38:46+0000' | timeago}} • Announcement

Revenue for $VSAT's Satellite Services segment rose 11% to $160.9MM in 4Q17. While revenue from Commercial Networks dropped 5% to $59.1MM, Government Systems surged 19.5% to $196.5MM. ViaSat-2 satellite is now scheduled to launch on June 1, 2017, with broadband services expected to be available in 4Q18 following in-orbit testing.

$VSAT {{ '2017-05-23T20:29:22+0000' | timeago}} • Announcement

$VSAT reported a 49.4% increase in its profit in 4Q17, fueled by the performance of its Satellite Services and Government Systems segments. Net income was $6.7MM or $0.11 per share compared to $4.5MM or $0.09 per share in the prior year quarter. Revenue rose 12% to $416.4MM and non-GAAP EPS increased 10.3% to $0.32.

$VSAT {{ '2017-05-22T20:33:00+0000' | timeago}} • Announcement

$VSAT received a contract from $BA to deliver its KOR-24A Small Tactical Terminals (STT) for integration onto $BA’s AV-8B Harrier attack aircraft for United States Marine Corps (USMC) and international customers. The contract is worth about $20MM including exercisable options.

$VSAT {{ '2017-04-04T12:09:03+0000' | timeago}} • Announcement

Singapore Airlines selected $VSAT's AeroDocs document management system to distribute its digital documents in a secure, controlled manner, with advanced workflow tracking to help maintain aviation regulatory compliance.

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