Company: VSAT
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016993
Chunk: 59

Company: VIASAT INC
Filing Date: 2025-02-10
Form: 10-Q
Item: Part I, Item 1
Chunk 59
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 The Company’s communication services segment revenues are primarily derived from the Company’s aviation services (including IFC services), government satcom services, maritime services (including narrowband and safety of communication capabilities), fixed broadband services, and energy services, as well as a wide array of advanced satellite and wireless products, networks and terminal solutions that support or enable the provision of fixed and mobile broadband and narrowband services.The Company’s defense and advanced technologies segment develops and offers a diverse array of resilient, vertically integrated solutions to government and commercial customers, leveraging the Company’s technical competencies in encryption, cyber security, tactical gateway, modems and waveforms. The more regulated government environment for defense, encryption and other products is subject to unique contractual requirements and possesses economic characteristics that differ from the communication services segment. The Company’s defense and advanced technologies segment revenues are primarily derived from the Company’s information security and cyber defense, space and mission systems, tactical networking, and advanced technologies and other products and services which are provided to government and commercial customers.

38

VIASAT, INC.NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)(UNAUDITED) 

Segment revenues and operating profits (losses) for the three and nine months ended December 31, 2024 and 2023 were as follows: 

        Three Months Ended

        Nine Months Ended

        December 31, 2024

        December 31, 2023

        December 31, 2024

        December 31, 2023

        (In thousands)

        Revenues:

        Communication services

        Aviation services
         
        $
        263,880

        $
        236,008

        $
        783,022

        $
        611,169

        Government satcom services

        195,048

        176,311

        558,796

        428,778

        Maritime services

        118,895

        130,121

        364,021

        305,894

        Fixed services and other services

        181,162

        229,929

        567,651

        691,063

        Total services

        758,985

        772,369

        2,273,490

        2,036,904

        Total products

        61,362

        102,489

        200,029

        244