United Industrial's AAI Subsidiary Wins $14.1 M Army Order for One System(TM) Remote Video Terminals and Antennas to Support Soldiers in Combat
(Hunt Valley, Md., April 20, 2007) -- United Industrial Corporation (NYSE: UIC) announced today that its AAI Corporation subsidiary has received an order from the U.S. Army for production of 266 additional One System remote video terminals (OSRVTs).
In addition to calling for an added number of OSRVT production units this year, the fully funded $14.1 million contract provides the balance of funds for an initial 51 units ordered in 2006. Deliveries have begun and will continue through October 2007. As part of this order, AAI will provide 147 extended-range mobile directional antenna systems, spares, training, and contractor logistics support.
The contract has options for an additional 779 OSRVT production units and 199 mobile directional antenna systems with a total potential contract value of more than $60 million.
OSRVTs are small, mobile, intelligence-gathering systems capable of directly receiving and integrating live video and telemetry data from an array of manned and unmanned aircraft systems, including Shadow(R), Predator(R), I- GNAT(R), Raven, Pioneer(R), Hunter, and the Army's new Extended Range/Multi- Purpose system.
With OSRVT, soldiers are able to simultaneously receive live video and position data integrated on hand-held video terminals. A video "footprint" and icons identify aggressor units, vehicles, facilities, and natural landscape features that are overlaid on a geo-location map, enabling swift target identification, decision making, and response. Extended-range antennas allow OSRVT systems to meet mission range requirements with reception up to 80 kilometers.
"Working closely with the Army and combat soldiers to determine warfighter requirements, we've developed a product that provides superior situational awareness and increased interoperability among multiple manned and unmanned platforms," said Steven E. Reid, vice president of AAI's unmanned aircraft systems division.
"Through OSRVT, we've graduated unmanned aircraft systems from a role as observers to an advanced stage where their intelligence-gathering and delivery capabilities have a direct role in the fight - a weapon system component directly in the hands of soldiers," Reid added.
Source : United Industrial Corp.
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