FLIR Systems (FLIR) Announces $14.7 Million Order From Naval Warfare Center

August 18, 2008 4:06 PM EDT

FLIR Systems, Inc. (NASDAQ: FLIR) announced that it has received a $14.7 million fixed-price follow-on contract from NSWC, Crane Division for AN/KAX-1A Forward-Looking Infrared systems. The stabilized, lightweight, multi-sensor systems delivered under this contract will support the Long Range Ground Mobility Visual Augmentation Systems (LR-GMVAS) Program and provide ground vehicles with an all-weather, day/night, high-resolution, stabilized, thermal imaging capability.

Work will be performed at FLIR's facilities in North Billerica, MA and deliveries are expected to be completed within 12 months.

Flir Systems closed at $38.70 today.

FLIR Systems, Inc. is a world leader in the design, manufacture and marketing of thermal imaging and stabilized camera systems.
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