Flir Announces $111.7 M Delivery Orders from US Army
(Portland, OR., May 29, 2008) -- FLIR Systems, Inc. (NASDAQ: FLIR) announced today that it has been awarded delivery orders totaling $111.7 million from the U.S. Army Space and Missile Defense Command in Huntsville, Alabama for its Star SAFIRE(R) III stabilized multi sensor systems. This represents the first delivery orders under a previously announced new contract modification on an existing indefinite delivery, indefinite quantity contract. The units delivered under these orders will support ongoing U.S. Armed Forces force protection programs. Work on the delivery orders will begin immediately and be completed within the next twelve months in FLIR's Portland, Oregon facility.
"These delivery orders, a continuation of FLIR's relationship with the U.S. Armed Forces, demonstrate the value of our systems for force protection applications. We are pleased the U.S. Army and Marines have once again chosen FLIR products for this critically important mission," said Earl R. Lewis, President and CEO of FLIR.
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