Global smartphone market recovery slows as consumer demand remains weak, with IDC revising downward its shipment projections. Despite exciting innovation in foldable phones, longer replacement cycles and high inventory levels signal a cautious outlook.
Viasat, a leading global communications company, has announced that it has been awarded a contract extension worth up to $325 million over a five-year period by the US Special Operations Command (SOCOM). This indefinite delivery, indefinite quantity (IDIQ) contract is an extension of a previous IDIQ contract worth $350 million that was awarded to Viasat in 2017. Under the terms of the contract, Viasat will continue to provide advanced mission equipment and services, and support to SOCOM forces in order to improve their situational awareness, integration, intelligence, surveillance and reconnaissance (ISR), tactical satellite communications, information assurance and network management capabilities. This IDIQ contract is intended to be flexible in order to respond to rapid technological advances and the changing mission needs of SOCOM forces. This latest deal allows for the implementation of new concepts of operation (CONOPS) and the achievement of desired mission outcomes through the rapid deployment…
