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FLIR Systems, Inc.: FLIR Systems Announces Delivery Order for $15.4 Million From the U.S. Army


Published on 2009-09-22 13:08:52 - Market Wire
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PORTLAND, OR--(Marketwire - September 21, 2009) - FLIR Systems, Inc. (NASDAQ: [ FLIR ]) announced today that it has been awarded a new delivery order totaling $15.4 million from the U.S. Army Aviation and Missile Command in Huntsville, Alabama for its Star SAFIRE® stabilized multi-sensor systems. The units delivered under this order will be installed on Army Black Hawk helicopters in support of ongoing MEDEVAC missions.

Work on the delivery order will be completed within the next twelve months in FLIR's Wilsonville, Oregon facility.

"This order, a continuation of FLIR's partnership with the U.S. Army on Black Hawk operations, demonstrates the value of our systems to support the diverse missions of the Black Hawk platform," said Earl R. Lewis, President and CEO of FLIR Systems. "We are pleased the U.S. Army has once again chosen FLIR products to assist in the immediate life-saving needs of our soldiers."

Forward-Looking Statements

The statements in this release by Earl R. Lewis and the other statements in this release about the order described above, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management. These statements are not guarantees of future 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 forward-looking statements due to numerous factors, including the following: the ability to manufacture and deliver the systems referenced in this release, changes in demand for the Company's products, product mix, the timing of customer orders and deliveries under the order discussed above, the impact of competitive products and pricing, constraints on supplies of critical components, excess or shortage of production capacity, the ability of the Company to manufacture and ship products in the time period required, the continuing eligibility of the Company to act as a federal contractor, the amount and availability of appropriated government procurement funds and other risks discussed from time to time in the Company's Securities and Exchange Commission filings 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 forward-looking statements speak only as of the date on which they are made and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release, or for changes made to this document by wire services or Internet service providers.

About FLIR Systems

FLIR Systems, Inc. is a world leader in the design, manufacture and marketing of thermal imaging and stabilized camera systems for a wide variety of thermography and imaging applications including condition monitoring, research and development, manufacturing process control, airborne observation and broadcast, search and rescue, drug interdiction, surveillance and reconnaissance, navigation safety, border and maritime patrol, environmental monitoring and ground-based security. Visit the Company's web site at [ www.FLIR.com ].

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