SOURCE: FLIR Systems, Inc.
PORTLAND, OR--(Marketwired - Apr 17, 2013) - FLIR Systems, Inc. (NASDAQ: FLIR) announced today that it is part of the supplier network selected by the U.S. Air Force under its recently awarded Light Air Support (LAS) contract. On February 28, 2013, the U.S. Air Force announced the selection of Sierra Nevada Corporation to supply aircraft for use by the Afghanistan National Army Air Corps and other future customers. The aircraft that will be provided is the Embraer A-29 Super Tucano. The aircraft will be used to conduct flight training, aerial reconnaissance, and light air support operations and is a key element of U.S. government partner-building efforts in Afghanistan and other partner nations.
On March 29, 2013, as part of the LAS contract, FLIR received a $22 million order for its BRITE Star DP advanced imaging systems to be integrated on to the A-29 Super Tucano. Deliveries under this order are expected to begin in June and continue throughout 2013 and 2014. Production of the BRITE Star DP systems will be performed out of FLIR's facility in Wilsonville, OR.
"Being selected to provide our highly advanced imaging systems for the LAS program is indicative of the growing diversification of the customers, regions, and platforms that we serve," said Earl Lewis, President and CEO of FLIR. "We have a proven ability to provide state of the art technologies that are critical to protecting people and are pleased to be able to continue our success in the airborne market."
The A-29 Super Tucano will be built in Jacksonville, FL, by U.S. workers and with parts supplied by U.S. companies. Over 88 percent of the Super Tucano is made from parts supplied by U.S. companies, like FLIR, or countries that qualify under the Buy America Act. FLIR is among 100 U.S. suppliers in 20 states that will provide parts or services for the LAS program. At least 1,200 U.S. jobs will be supported through this contract. More information about the A-29 Super Tucano and the LAS program are available at www.BuiltForTheMission.com.
About FLIR Systems
FLIR Systems, Inc. is a world leader in the design, manufacture, and marketing of sensor systems that enhance perception and awareness. The Company's advanced thermal imaging and threat detection systems are used for a wide variety of imaging, thermography, and security applications, including airborne and ground-based surveillance, condition monitoring, research and development, manufacturing process control, search and rescue, drug interdiction, navigation, transportation safety, border and maritime patrol, environmental monitoring, and chemical, biological, radiological, nuclear, and explosives (CBRNE) detection. Visit the Company's web site at www.FLIR.com.
The statements in this release by Earl Lewis and the other statements in this release about the LAS program and the 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 demand for FLIR's products, product mix, the timing of deliveries under the order discussed above, 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 the time period required, 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.