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FLIR Systems Wins $ 89 Million Contract with French Armed Forces for the Establishment of a Black Hornet Personal Recognition System
The French Defense Market Agency will incorporate FLIR nano-UAV technology for military operations
FLIR Systems, Inc. (NASDAQ: FLIR) today announced the signature of a contract with the French Defense Procurement Agency (DGA) to support the French program of operational pocket drones ( Drop). The contract has a ceiling value of $ 89 million for the supply of FLIR Black Hornet® 3 unmanned aerial vehicles (UAVs) and personal recognition system (PRS) to support the operations of the French armed forces.
The Black Hornet PRS is the world's smallest unmanned aerial system (UAS) and is currently deployed in more than 30 countries. The Black Hornet allows the fighter to maintain situational awareness, threat detection and surveillance regardless of where the mission leads them. Equipped with electro-optical / infrared sensors and capable of flying up to 25 minutes, the Black Hornet bridges the gap between airborne and ground-based sensors, offers the same situation detection and threat detection capabilities as larger unmanned, overland and land-based vehicles.
"We are honored to support the mission of the French Armed Forces with the provision of the PRS Black Hornet and badociated services," said Jim Cannon, President and CEO of FLIR Systems. "This award strengthens our partnership with the French armed forces and our focus on unmanned technology, an emerging field of strategic importance for FLIR's business."
This program provides the extended capabilities of the Black Hornet 3 to the French Armed Forces. The contract will be managed and executed by FLIR in Hvalstad, Norway.
For more information on Black Hornet VRS, visit the site www.flir.com/blackhornet.
About FLIR Systems, Inc.
Founded in 1978, FLIR Systems is one of the world's leading industrial technology companies specializing in intelligent sensing solutions for defense, industrial and commercial applications. FLIR Systems' vision is to be "the sixth sense of the world," creating technologies that help professionals make more informed decisions that save lives and livelihoods. For more information, please visit www.flir.com and follow @flir.
Forward-looking statements
The statements contained in this press release by Jim Cannon and the other statements in this press release relating to the contract and order described above are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the expectations, estimates, and projections for FLIR's business based, in part, on badumptions made by management. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. Accordingly, actual results may differ materially from what is expressed or anticipated in such forward-looking statements because of numerous factors, including the following: the ability to manufacture and supply the systems referenced herein, product price changes FLIR, the development of demand for FLIR products, the product line, the impact of competitive products and prices, constraints on the supply of critical components, excess or lack of capacity production, FLIR's ability to manufacture and ship products in a timely manner, FLIR's continued compliance with export control laws and regulations and other risks referred to from time to time in the reports and filings of the Securities and Exchange FLIR Commission. In addition, such statements could be affected by industry and market conditions, growth rates, as well as by national and international economic conditions. These forward-looking statements speak only as of the date on which they are made and FLIR badumes no obligation to update these forward-looking statements to reflect events or circumstances subsequent to the date of this press release. changes to this document by wireline or Internet service providers.
This press release presents multimedia. See the full press release here: https://www.businesswire.com/news/home/20190118005085/fr/
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