Take a look at the Android Transporter blog post for more information.
sudo apt-get install git-core
cd /opt/vc/src/hello_pi/libs/ilclient
make
cd /home/pi
mkdir Projects
cd Projects
git clone https://github.com/esrlabs/AndroidTransporterPlayer.git
git clone https://github.com/esrlabs/Mindroid.cpp.git Mindroid
git clone https://github.com/esrlabs/fdk-aac.git
cd Mindroid
make -f Makefile.RPi
sudo cp libmindroid.so /usr/lib/
cd ..
cd fdk-aac
make -f Makefile.RPi
sudo cp libaac.so /usr/lib/
cd ..
cd AndroidTransporterPlayer
make -f Makefile.RPi
./AndroidTransporterPlayer rtsp://<IP-Address>:9000/test.sdp
<IP-Address> is always the IP address of the VLC streaming server.
/home/pi/AndroidTransporterPlayer/AndroidTransporterPlayer rtsp://<IP-Address>:9000/test.sdp
vlc <video>.mp4 --sout '#rtp{sdp=rtsp://<IP-Address>:9000/test.sdp}' --rtsp-timeout=-1