SOURCE: FLIR Systems, Inc.

July 11, 2006 07:30 ET

FLIR Systems Selected to Provide Systems for US Army's Armed Reconnaissance Helicopter Program

PORTLAND, OR -- (MARKET WIRE) -- July 11, 2006 -- Bell Helicopter, a Textron Inc. company (NYSE: TXT), and FLIR Systems, Inc. (NASDAQ: FLIR) jointly announced today that Bell Helicopter has selected FLIR's BRITE Star II® airborne stabilized multi-sensor system as the Target Acquisition Sensor Suite (TASS) for the US Army's Armed Reconnaissance Helicopter (ARH-70A) Program. FLIR was selected following a Dual Path Development Program designed to reduce program risk.

The BRITE Star II is a commercially developed, military-qualified multi-sensor system that incorporates an advanced third-generation thermal imager, a CCD-TV camera, a laser designator and a laser rangefinder. The predecessor to the BRITE Star II is currently fielded on the US Marine Corps' fleet of UH-1N "Huey" helicopters, many of which are in theater in Iraq and Afghanistan.

"We are delighted to have won this award from Bell and to be selected to provide this critical system for an important Army aviation program," said Earl Lewis, President and CEO of FLIR Systems. "This selection demonstrates FLIR's ability to provide state-of-the-art commercially developed, military qualified products to the US Armed Forces. We are confident that the BRITE Star II will deliver outstanding results for the US Army as its predecessor has done for the US Marine Corps," he concluded.

About Bell Helicopter

Bell Helicopter is an industry-leading producer of commercial and military, manned and unmanned vertical lift aircraft and the pioneer of the revolutionary tilt rotor aircraft. Globally recognized for world-class customer service, innovation and superior quality, Bell's global workforce serves customers flying Bell aircraft in more than 120 countries. More information is available at www.bellhelicopter.com.

About Textron

Textron Inc. is a $10 billion multi-industry company operating in 33 countries with approximately 37,000 employees in continuing operations. The company leverages its global network of aircraft, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft, Jacobsen, Kautex, Lycoming, E-Z-GO and Greenlee, among others. More information is available at www.textron.com.

About FLIR Systems

FLIR Systems, Inc. is a world leader in the design, manufacture and marketing of thermal imaging and stabilized camera systems for a wide variety of thermography and imaging applications including condition monitoring, research and development, manufacturing process control, airborne observation and broadcast, search and rescue, drug interdiction, surveillance and reconnaissance, navigation safety, border and maritime patrol, environmental monitoring and ground-based security. Visit the company's web site at www.FLIR.com.

Forward-Looking Statements

The statements in this release, including statements regarding the Company's expectation that the BRITE Star II® will deliver outstanding results for the US Army, 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 the Company'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: changes in demand for the Company's products, product mix, the timing of customer orders and deliveries under the program discussed above, the impact of competitive products and pricing, the Company's continuing compliance with US export control laws and regulations, the timely receipt of export licenses for international shipments, constraints on supplies of critical components, excess or shortage of production capacity, the ability of the Company to manufacture and ship products in the time period required, actual purchases under agreements, the continuing eligibility of the Company to act as a federal contractor, the amount and availability of appropriated government procurement funds and other risks discussed from time to time in the Company'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 the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

Contact Information

  • Company contact:
    Tony Trunzo
    FLIR Systems, Inc.
    (503) 498-3547
    www.flir.com