AP: Flir Gets $75 Million Defense Contract
Flir image
Infrared imaging device maker Flir Systems said it received a Defense Department contract for its 9-inch stabilized electro-optical surveillance system. The indefinite-delivery, indefinite-quantity contract could bring in as much as $75 million for as many as 200 systems in the next five years. First deliveries should be made in Q1 2005. After the first delivery – costing about a third of a million dollars – additional orders will be determined by competitive trials and available funding.