FLIR Systems, Inc. (NASDAQ: FLIR) announced today that it has been awarded an indefinite delivery, indefinite quantity contract from the U.S. Army to support the MEDEVAC program. The contract is valued at $38 million and is for spare components for Star SAFIRE® II stabilized multi-sensor systems that are installed on the Army's fielded MEDEVAC Blackhawk helicopters. An initial delivery order of $1.7 million was received.
Work under this contract is expected to be performed out of FLIR's facility in Wilsonville, OR, with deliveries expected to be completed within five years.
"The Army's MEDEVAC program has saved countless lives and we are proud to continue as a key element of its mission," said Earl Lewis, President and CEO of FLIR.
Source: Flir Systems Inc.
Date: May 22, 2012