FLIR Systems, Inc. (NASDAQ: FLIR) announced today that it has been awarded an indefinite delivery, indefinite quantity contract from the U.S. Naval Surface Warfare Center, Crane Division, to support the Patrol Boat Electro-Optics System (PB-EOS) program for the U.S. Coast Guard and U.S. Navy. The contract is valued at $49.9 million and is for a variant of FLIR's® recently introduced SeaFLIR® 280-HD maritime electro-optical/infrared imaging system. These advanced imaging systems provide critical capability to enhance navigation, intelligence, surveillance, and reconnaissance.
"Winning this contract proves the benefits of our commercially developed, military qualified model to our customers, which includes rapid mission-critical solution development, high product quality, superior customer service, and rapid delivery at a price that yields exceptional value," said Andy Teich, President and CEO of FLIR. "We are pleased to extend our successful support of the U.S. Navy and Coast Guard, and this will further strengthen our already leading presence in the maritime EO/IR market."
Work under this award is expected to be performed out of FLIR's facility in Billerica, MA, and is expected to be completed by September 2018.
Source: FLIR Systems, Inc.
Date: Sep 27, 2013