ICx Technologies Awarded Multi-Year Contract for Specialty Radar System for Robots
WASHINGTON (Mar. 18, 2008) – ICx Technologies (ICXT: NASDAQ), a developer of advanced sensor technologies for homeland security, force protection and commercial applications, announced today that it has secured from General Dynamics Robotic Systems a multi-year, indefinite-delivery, indefinite-quantity (IDIQ) follow-on contract for the Mobile Detection Assessment and Response System (MDARS) Intruder Detection Radar Sensor.
MDARS, a program of the Army’s JPEO-CBD – PM Force Protection Systems, is a nimble robotic patrol force on wheels, designed to perform random patrols around Department of Defense warehouses, airfields, ammunition supply depots, and port facilities. It detects intruders and determines the status of inventory, barriers, and locks.
The high-performance radar will be based on ICx Technologies’ industry-leading high resolution STS-350 radar, but will have the added ability to scan at a higher angle with further range. The initial award is for five systems, with additional quantities in the out years.
“We are pleased to be able to provide this mission-critical radar for MDARS,” said Pierre Poitevin, President ICx Radar Systems. “We’ve partnered with General Dynamics Robotic Systems on this project for quite some time now, and we continue to upgrade our products to fit our customer’s mission and needs.”
ICx manufactures the most sensitive ground-based security radars, with the unique ability to detect slow moving, and crawling targets in a variety of environments. ICx also provides thermal cameras, video C2 and analytic software, and complete, integrated systems. It is also well known for its SkyWatch and Cerberus Towers, which can be outfitted with all the above to provide a complete wide-area-surveillance or perimeter solution.
About FLIR Systems
FLIR Systems, Inc. is a world leader in the design, manufacture, and marketing of sensor systems that enhance perception and awareness. The Company’s advanced thermal imaging and threat detection systems are used for a wide variety of imaging, thermography, and security applications, including airborne and ground-based surveillance, condition monitoring, research and development, manufacturing process control, search and rescue, drug interdiction, navigation, transportation safety, border and maritime patrol, environmental monitoring, and chemical, biological, radiological, nuclear, and explosives (CBRNE) detection. Visit the Company's web site at www.FLIR.com.
The statements in this release by Earl R. Lewis, and the other statements in this release about the award described above, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including the following: the ability to manufacture and deliver the systems referenced in this release, changes in demand for the Company's products, product mix, the timing of deliveries under the award discussed above, the impact of competitive products and pricing, constraints on supplies of critical components, excess or shortage of production capacity, the ability of the Company to manufacture and ship products in the time period required, actual purchases under agreements, the Company's continuing compliance with U.S. export control laws and regulations, the timely receipt of export licenses for international shipments, the continuing eligibility of the Company to act as a federal contractor, and other risks discussed from time to time in the Company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release, or for changes made to this document by wire services or Internet service providers.
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Media Contacts
Angel Bennett
FLIR, Systems, Inc.
2800 Crystal Drive, Suite 330
Arlington, VA 22202
angel.bennett@flir.com