Saturday, April 20, 2019

FLIR Systems Awarded $89 Million Contract from French Armed Forces to Deliver Black Hornet Personal Reconnaissance System

BWW News Desk
January 18, 2019

FLIR Systems Inc NASDAQ FLIR announced today it has been awarded a contract from the French Defense Procurement Agency DGA in support of the French Operational Pocket Drone DrOP program The contract has a ceiling value of 89 million to provide the FLIR Black Hornetsupsup 3 nanounmanned aerial vehicle UAV and Personal Reconnaissance System PRS to support French Armed Forces operations pblockquotep idpullquotepblockquote p The Black Hornet PRS is the worlds smallest combatproven nanoUnmanned Aerial System UAS and is currently deployed in more than 30 countries The Black Hornet enables the warfighter to maintain situational awareness threat detection and surveillance no matter where the mission takes them Equipped with electroopticalinfrared sensors and the ability to fly up to 25 minutes the Black Hornet bridges the gap between aerial and groundbased sensors provides the same situational awareness and threat detection capabilities as larger unmanned air and ground vehicles p p We are honored to support the French Armed Forces mission with the delivery of the Black Hornet PRS and related services said Jim Cannon President and CEO at FLIR Systems This award strengthens our partnership with the French Armed Forces and our focus on unmanned technology an emerging area that is strategically critical to FLIRs business p p This program provides the expanded capability of the Black Hornet 3 for the French Armed Forces The contract will be managed and executed by FLIR in Hvalstad Norway p p For more information about Black Hornet VRS visit a referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttp3A2F2Fwwwflircom2Fblackhornetampesheet51927631ampnewsitemid20190118005085amplanenUSampanchorwwwflircom2Fblackhornetampindex1ampmd5c6b5d12eb71ca3eb11a6c678198047da relnofollowwwwflircomblackhorneta p p bAbout FLIR Systems Incb p p iFounded in 1978 FLIR Systems is a worldleading industrial technology company focused on intelligent sensing solutions for defense industrial and commercial applications FLIR Systems vision is to be The Worlds Sixth Sense creating technologies to help professionals make more informed decisions that save lives and livelihoods For more information please visit ia referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Fwwwflircom2Fampesheet51927631ampnewsitemid20190118005085amplanenUSampanchorwwwflircomampindex2ampmd568687c3cd7d8a1de5affff7cde52f468 relnofollowiwwwflircomiai and follow ia referrerpolicyunsafeurl targetblank hrefhttpsctsbusinesswirecomctCTidsmartlinkampurlhttps3A2F2Ftwittercom2Fflir3Frefsrc3Dtwsrc255Egoogle257Ctwcamp255Eserp257Ctwgr255Eauthorampesheet51927631ampnewsitemid20190118005085amplanenUSampanchor40flirampindex3ampmd50970465360ecbfa6c3be6929ec2dc2de relnofollowifliriaii p p bForwardLooking Statementsb p p iThe statements in this release by Jim Cannon and the other statements in this release about the contract and order described above are forwardlooking statements within the meaning of the Private Securities Litigation Reform Act of 1995 Such statements are based on current expectations estimates and projections aboutFLIRsbusiness based in part on assumptions made by management These statements are not guarantees ofi ifuture 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 forwardlooking statements due to numerous factors including the following the ability to manufacture and deliver the systems referenced in this release changes in pricing ofFLIRsproducts changing demand forFLIRsproducts product mix the impact of competitive products and pricing constraints on supplies of critical components excess or shortage of production capacity the ability ofFLIRto manufacture and ship products in a timely mannerFLIRscontinuing compliance withUSexport control laws and regulations and other risks discussed from time to time inFLIRsSecurities and Exchange Commissionfilings 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 forwardlooking statements speak only as of the date on which they are made andFLIRdoes not undertake any obligation to update any forwardlooking statement to reflect events or circumstances after the date of this release or for changes made to this document by wire services orInternetservice providersi p

SOURCE: BUSINESS WIRE. ©2015 Business Wire


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