FLIR Announces $11.1 M Service Contract Modification From US Army

(Portland, OR., August 28, 2008) -- FLIR Systems, Inc. (NASDAQ: FLIR) announced today that it has been awarded a $11.1 million modification to a Performance Based Logistics (PBL) support contract from the U.S. Army Space and Missile Defense Command in Huntsville, Alabama. This contract provides for service, upgrades, and logistics support for certain U.S. Army and USMC programs. The total value of the contract has been increased to $71.6 million. Including deliveries made so far this year, revenue under this modified contract is expected to be approximately $15 million in 2008.

Work under this contract will be performed over time as required to support the installed base of Star SAFIRE(R) III and THV-3000 systems in use under these programs.

"This contract modification, an extension of FLIR's strong relationships with the U.S. Army and the U.S. Marine Corps, demonstrates our expanding capability to provide Performance Based Logistics in support of our growing installed base," said Earl R. Lewis, President and CEO of FLIR. "We are pleased the U.S. Army has chosen FLIR for this critically important mission."

Source : Flir Systems Inc.

Recent News from Flir Systems Inc.

• Flir Announces Sea Star SAFIRE III Selected by Brazilian Navy [Defence] [ Tue 4 Nov 2008 ]
• FLIR Announces $28.9 M From Sikorsky [Aviation] [Defence] [ Tue 21 Oct 2008 ]
• FLIR Announces $14.8 M From US Customs and Border Protection [Defence] [ Wed 15 Oct 2008 ]
• FLIR Announces $125.3 M Requirements and $67.3 M Delivery Order From NSWC [Defence] [ Fri 3 Oct 2008 ]
• FLIR Announces US ArmyDelivery Order for $96.6 M [Defence] [ Thu 11 Sep 2008 ]
• FLIR Announces $11.1 M Service Contract Modification From US Army [Defence] [ Fri 29 Aug 2008 ]
• FLIR Announces Initial Flight Test of Its BRITE Star II [Defence] [ Thu 21 Aug 2008 ]