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  • Friday, April 26, 2024

Data Link Solutions, ViaSat Awarded $483M in Contract Funds to Update Navy Radio Systems


The U.S. Navy has awarded separate contract modifications to Data Link Solutions and ViaSat (Nasdaq: VSAT) to continue support work on the service’s Multifunctional Information Distribution System Joint Tactical Radio Systems program.

Data Link Solutions, a joint venture between BAE Systems and Rockwell Collins (NYSE: COL), will conduct MIDS JTRS modernization efforts under a $386.9M modification while ViaSat will perform upgrades for $96.2M, the Defense Department said Tuesday.

The modifications will raise the ceiling of the companies’ existing contracts, which were awarded in 2015, to $990M for Data Link Solutions and $698.2M for ViaSat.

The contracts combine purchases for the Navy, U.S. Air Force, MIDS Program Office, governments of various foreign countries and all NATO nations under the Foreign Military Sales program.

Both companies are scheduled to complete services under their latest awards by June 15, 2020.

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