Print page
Email page
Download PDF
« Previous Release | Next Release »
PORTLAND, Ore.--(BUSINESS WIRE)--June 16, 2004--FLIR Systems, Inc.
(Nasdaq:FLIR) announced today that it has been awarded a $6.3 million
firm fixed-price contract from Science Applications International
Corporation (SAIC) for the United States Air Force for the delivery of
Star SAFIRE™ II airborne thermal imaging systems to the Air Force
Space Command. The units are to be installed on their UH-1N
helicopters for use on ICBM security missions. Deliveries are expected
to begin in the third quarter of this year and be completed within 12
months. "This order represents another important contract for our Star
SAFIRE™ product line. We are pleased the Air Force and SAIC have
chosen the proven Star II system for use on such an important
mission," commented Earl R. Lewis, Chairman, President and CEO of FLIR
Systems, Inc. Forward-Looking Statements The statements in this release regarding FLIR's expectation of the
value of the US Air Force contract and the time period within which
these revenues will be generated are forward-looking statements. 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 of FLIR to deliver units ordered in a timely manner and
consistent with contract requirements, changes in demand for FLIR's
products, product mix, the timing of customer orders and deliveries,
the impact of competitive products and pricing, FLIR's continuing
compliance with US export control laws and regulations, constraints on
supplies of critical components, excess or shortage of production
capacity, actual purchases under agreements, the continuing
eligibility of FLIR 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. 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.
CONTACT: FLIR Systems, Inc.
Tony Trunzo, 503-684-3731
www.flir.com
or
Investor Contact:
Neil Berkman Associates
310-277-5162
info@BerkmanAssociates.com
SOURCE: FLIR Systems, Inc.
