FLIR Systems Awarded $6.8 Million Contract for Black Hornet Personal Reconnaissance Systems for Australian Army
October 10 2017 - 12:02PM
YASTEST
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
@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@flir.com
Investor
Relations:
Shane Harrison
Phone: 503-498-3547
Email: shane.harrison@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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