Satellite ground equipment and services provider ViaSat Inc. on May 17 told investors that a dip in its defense and commercial equipment businesses for the year ending March 31 should turn around in the coming months as existing defense orders generate revenue and its ViaSat-1 broadband satellite lifts user-equipment sales. ViaSat's defense revenue during the year was hit by slower-than-expected sales of its tactical data links gear and defense-related information assurance products. Some of the delays may have been related to the slow passage of the U.S. government budget for 2011.
展开▼