FLIR Systems Awarded $6.8 Million Contract for Black Hornet Personal Reconnaissance Systems for Australian Army
(Thomson Reuters ONE) -
WILSONVILLE, Ore., Oct. 10, 2017 (GLOBE NEWSWIRE) -- FLIR Systems, Inc.
(NASDAQ:FLIR) has been awarded a $6.8 Million firm-fixed-price order to deliver
Black Hornet Personal Reconnaissance Systems (PRS) in support of the Australian
Army. The units delivered under this contract will support platoon and troop
level organic surveillance and reconnaissance capabilities. The Australian Army
previously purchased the Black Hornet PRS for test and evaluation purposes,
leading to the awarded contract for full operational deployment after a re-
competed tender.
A photo accompanying this announcement is available
at http://www.globenewswire.com/NewsRoom/AttachmentNg/05effee5-f9f4-4f4e-8b16-
afc81a385eb0
"We are pleased to be selected by the Australian Army to provide this previously
non-existent personal reconnaissance technology," said Jim Cannon, President and
CEO of FLIR Systems. "This recent contract highlights the increasing demand for
the Black Hornet to be incorporated within the operational capability of the
world's leading militaries, providing immediate deployable security."
This contract expands the use of FLIR PRS for Army surveillance and
reconnaissance programs. FLIR has delivered over 5,000 Black Hornet PRS around
the world, reiterating the demand for the relatively new nano-UAV technology
offered by FLIR.
FLIR will manufacture the systems in Oslo, Norway. Deliveries will begin in
2018 and be completed within one year. For more information about the FLIR Black
Hornet PRS, please visit www.flir.com/blackhornet
About FLIR Systems, Inc.
Founded in 1978 and headquartered in Wilsonville, Oregon, FLIR Systems is a
world-leading maker of sensor systems that enhance perception and heighten
awareness, helping to save lives, improve productivity, and protect the
environment. Through its nearly 3,500 employees, FLIR's vision is to be "The
World's Sixth Sense" by leveraging thermal imaging and adjacent technologies to
provide innovative, intelligent solutions for security and surveillance,
environmental and condition monitoring, outdoor recreation, machine vision,
navigation, and advanced threat detection. For more information, please
visit www.flir.com and follow (at)flir.
Forward Looking Statements
The statements in this release by Jim Cannon and the other statements in this
release about the contract and order 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 FLIR'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 pricing of FLIR's products, changing demand
for FLIR's products, product mix, the impact of competitive products and
pricing, constraints on supplies of critical components, excess or shortage of
production capacity, the ability of FLIR to manufacture and ship products in a
timely manner, FLIR's continuing compliance with U.S. export control laws and
regulations, and other risks discussed from time to time in FLIR'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 FLIR 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.
Media Contact:
Tim McDowd
Phone: 503-498-3146
Email: tim.mcdowd(at)flir.com
Investor Relations:
Shane Harrison
Phone: 503-498-3547
Email: shane.harrison(at)flir.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FLIR Systems, Inc. via GlobeNewswire
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Datum: 10.10.2017 - 18:02 Uhr
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