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IRDM > SEC Filings for IRDM > Form 8-K on 21-Oct-2013All Recent SEC Filings

Show all filings for IRIDIUM COMMUNICATIONS INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for IRIDIUM COMMUNICATIONS INC.


21-Oct-2013

Entry into a Material Definitive Agreement, Regulation FD Disclosure,


Item 1.01. Entry into a Material Definitive Agreement.

On October 18, 2013, Iridium Communications Inc. ("Iridium" or the "Company"), through its wholly owned subsidiary, Iridium Satellite LLC, entered into a multi-year, fixed-price contract with the Department of Defense's Defense Information Systems Agency ("DISA"), for Enhanced Mobile Satellite Services (the "EMSS Contract"). The EMSS Contract is effective October 22, 2013.

Under the EMSS Contract, Iridium will provide satellite airtime services, including unlimited global secure and unsecure voice, low and high-speed data, paging and Distributed Tactical Communications System (DTCS) services for an unlimited number of Department of Defense and other federal government subscribers. The fixed-price rate in each of the five contract years is $64 million in fiscal year (FY) 2014, $72 million in FY 2015 and $88 million in FY 2016, 2017, and 2018, for a total contract value of $400 million.



Item 7.01. Regulation FD Disclosure.

On October 21, 2013, the Company issued a press release regarding the EMSS Contract, the text of which is included as Exhibit 99.1 to this Form 8-K, and a press release updating its financial guidance, the text of which is included as Exhibit 99.2 to this Form 8-K.

The information contained herein, including Exhibits 99.1 and 99.2, is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall such information and Exhibit be incorporated by reference in any filing under the Securities Act of 1933 or under the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.



Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number         Description

99.1                   Press release regarding EMSS Contract, dated October 21, 2013

99.2                   Press release regarding updated financial guidance, dated
                       October 21, 2013


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