Engineered Support Receives $7.5 Million Contract Modification for Electronic Test Equipment
February 11 2005 - 7:30AM
PR Newswire (US)
Engineered Support Receives $7.5 Million Contract Modification for
Electronic Test Equipment ST. LOUIS, Feb. 11 /PRNewswire-FirstCall/
-- Engineered Support Systems, Inc. (NASDAQ:EASI) has received a
$7.5 million contract modification to a previously awarded
firm-fixed-price contract upon the exercise of the first of six (6)
available production options on the Reconfigurable Transportable
Consolidated Support System (RTCASS) program. The Company's Systems
& Electronics Inc. (SEI) subsidiary received the order under
its subcontract with McDonnell Douglas Corp., a wholly owned
subsidiary of the Boeing Company. The SEI production option
involves the manufacturing, testing and delivery of 20 RTCASS test
station subsystems for final integration and test into the RTCASS
test station, according to Gerald A. Potthoff, Vice Chairman, CEO
and President of Engineered Support. The RTCASS test station
subsystem that SEI produces consists of the radio frequency
(RF)/microwave synthetic instrument measurement unit, RF/microwave
synthesizers, RF/microwave switching and signal conditioning, power
supplies, power monitoring, and computer subsystem including the
peripherals. The Naval Air Systems Command, Patuxent River,
Maryland, is the contracting authority. The RTCASS test station is
a portable, rapidly deployable automatic test station that can be
set up quickly for maintenance of avionics equipment on U.S. Marine
Corps (USMC) and USAF Special Operating Forces (SOF) aircraft. The
aircraft supported for the USMC are the F/A-18, AV-8B, MV-22 and
EA-6B where the RTCASS test station is operated on amphibious
assault ships or L- Class ships, MALS vans and fixed ground
installations. The aircraft supported by the USAF SOF is the CV-22
aircraft where the RTCASS test station is operated in fixed ground
installations and expeditionary shelters. Potthoff commented, "We
are proud to be part of RTCASS project team along with Boeing and
Teradyne. Within our SEI organization, we possess significant
expertise in the automatic test equipment area. Our recent
acquisition of Prospective Computer Analysts, which was closed last
month, provides us with even greater resources in this growing
market. Over the next several years, we will continue to pursue
opportunities for new ATE business with both directly with domestic
and foreign military customers and through partnership with major
defense primes." Engineered Support Systems, Inc. designs,
manufactures and supplies 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/ . Certain statements in this
press release are forward looking in nature and, accordingly, are
subject to risks and uncertainties. The actual results may differ
materially from those described or contemplated. DATASOURCE:
Engineered Support Systems, Inc. CONTACT: Daniel E. Kreher of
Engineered Support Systems, Inc., +1-314-553-4915 Web site:
http://www.engineeredsupport.com/
Copyright
Engineered Support Systems (NASDAQ:EASI)
Historical Stock Chart
From Oct 2024 to Nov 2024
Engineered Support Systems (NASDAQ:EASI)
Historical Stock Chart
From Nov 2023 to Nov 2024
Real-Time news about Engineered Support Systems (MM) (NASDAQ): 0 recent articles
More Engineered Support Systems (MM) News Articles