Demand from this segment is influenced by unstable geopolitical factors, and contracts can be terminated abruptly if defense budgets are cut. We also believe demand for certain products, such as radios, can be lumpy and correlated to wartime spending. However, the risk of contract cancellation is mitigated by good program diversity and participation in the high-priority communications and cybersecurity areas of defense spending. Furthermore, Viasat has demonstrated an ability to capture new awards and grow revenue significantly over the past decade, which we expect will continue. We forecast an addressable market of about 10 million-12 million households in the U.S. that cannot be served by terrestrial networks in an economically efficient manner due to their rural location. Based on this
