Engineered Support Receives $7.2 Million Order for U.S. Army's Knight Precision Targeting System
26 Julio 2005 - 4:05PM
PR Newswire (US)
Engineered Support Receives $7.2 Million Order for U.S. Army's
Knight Precision Targeting System ST. LOUIS, July 26
/PRNewswire-FirstCall/ -- Engineered Support Systems, Inc.
(NASDAQ:EASI) received a $7.2 million order for the Knight
Precision Targeting System from the U.S. Army's Tank-automotive and
Armaments Command (TACOM) in Warren, Michigan. Engineered Support's
wholly-owned subsidiary Systems & Electronics Inc. (SEI) will
produce 31 Fire Support Sensor System (FS3) equipped Mission
Equipment Packages (MEPs) and miscellaneous spares at its St. Louis
and West Plains, MO facilities. Deliveries are scheduled to occur
between November 2006 and July 2007. This Knight production award,
which involves HMMVW-mounted MEPs, is provided from Fiscal Year
2005 military supplemental funding and supports the Army's
continued transformation to modular brigades and its ability to
prosecute the Global War on Terror. To date, SEI has produced more
than 160 Knight targeting systems for the U.S. Army and Army
National Guard. Knights are currently deployed in Afghanistan and
Iraq as part of Operation Enduring Freedom and Operation Iraqi
Freedom, according to Engineered Support Vice Chairman and Chief
Executive Officer, Gerald A. Potthoff. "The commitment by the DoD
of supplemental spending for this order demonstrates the priority
our military places on the advanced technology in fire support
solutions that Engineered Support, through SEI, provides to our
nation's deployed warfighters," Potthoff said. About Knight The
Knight MEP is a precision targeting system consisting of a laser
designator/rangefinder, thermal imager, digital command and
control, blended inertial/Global Positioning System navigation and
targeting, and a self defense weapon. Its mission is to provide
precision far target location and laser target designation for both
artillery and air-delivered general purpose and precision-guided
munitions. The FS3 is a high performance sensor system consisting
of a thermal imager/day camera and rangefinder produced by
Raytheon. In addition, FS3 has the ability to mount a laser
designation module for use with laser guided munitions. Engineered
Support Systems, Inc. provides advanced sustainment solutions
including the design, manufacture and supply of integrated military
electronics, support equipment and technical and logistics services
for all branches of America's armed forces and certain foreign
militaries, homeland security forces and selected government and
intelligence agencies. The company also produces specialized
equipment and systems for commercial and industrial applications.
For additional information, please visit the Company's website at
http://www.engineeredsupport.com/ . DATASOURCE: Engineered Support
Systems, Inc. CONTACT: Larry Cox, Communications Mgr of Engineered
Support Systems, Inc., +1-314-553-4960, Web site:
http://www.engineeredsupport.com/
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