Sustainable position in the government systems segment of defense network components niche, which has multiyear contracts and fairly predictable demand, given funded backlog, with limited competition, and had an EBITDA margin of nearly 16% for the three months ended July 1, 2011; WildBlue provides platform for expansion of satellite services; and Moderate leverage of around 2.8x for the 12 months ended June 30, 2011. Capital-intensive business plan with high cash capital requirements for completion and launch of ViaSat 1, which is expected in October 2011; Beyond 2011, the company will also begin the process of building a second satellite, ViaSat 2; and The target market for consumer satellite-based broadband is limited; we estimate that somewhere between 5 million and 20
