ViaSat Inc. recorded record revenues of $128.7 million and new net contract awards of $134 million in the company’s 2007 first quarter, ViaSat announced Aug. 3. The company posted a profit of $7.6 million, up from $5.2 million in the same period a year ago.

The government segment reported revenues of $64.6 million in the quarter, which closed June 30, a 21 percent increase over revenues in the first quarter of fiscal year 2006. The growth primarily was related to increases in tactical data link and inline network encryption product sales.

Revenues in the commercial segment were $64.1 million for the 2007 first quarter, up 35 percent from the first quarter of fiscal year 2006, due to higher sales of consumer broadband products.

ViaSat’s backlog stood at $380.6 million at the end of the 2007 first quarter, down slightly from a backlog of $391.2 million at the end of the 2006 first quarter.