FLIR’s Star SAFIRE-III Spots up to $358.4M in Additional Orders

FLIR Systems is a major provider of thermal imaging and laser designation turrets to the US armed forces, competing with players like Raytheon, Lockheed Martin, and L-3’s Wescam to equip helicopters, aircraft and UAVs, naval vessels, et. al. On May 20/08, the firm announced a new contract modification adding $358.4 million to an existing indefinite delivery, indefinite quantity contract for its Star SAFIRE(R) III turrets from the U.S. Army Space and Missile Defense Command in Huntsville, AL. On May 29/08, FLIR Systems, Inc. announced delivery orders totaling $111.7 million under this contract to “support ongoing U.S. Armed Forces force protection programs.” Work on the delivery orders will begin immediately and be completed within the next 12 months in FLIR’s Portland, Oregon facility.