Engineered Support Receives $7.2 Million Order for U.S. Army Knight Precision Targeting System
June 28 2005 - 4:30PM
PR Newswire (US)
Engineered Support Receives $7.2 Million Order for U.S. Army Knight
Precision Targeting System ST. LOUIS, June 28
/PRNewswire-FirstCall/ -- Engineered Support Systems, Inc.
(NASDAQ:EASI) has received a $7.2 million order from the U.S. Army
Tank- automotive and Armaments Command (TACOM) in Warren, Michigan,
for system technical support and logistics services for the Knight
Precision Targeting System. Engineered Support's wholly-owned
subsidiary Systems & Electronics Inc. (SEI) will provide the
services in their St. Louis facility. "To date, SEI has produced
more than 140 Knight systems for the Army and Army National Guard.
Knights are currently deployed in Afghanistan and Iraq as part of
Operation Enduring Freedom and Operation Iraqi Freedom," said
Gerald A. Potthoff, Engineered Support's Vice Chairman and Chief
Executive Officer. "With this order for technical and logistics
support, we're now also able to provide for successful life cycle
management for the Knight system." About Knight Knight 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. 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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