United Industrial's AAI Subsidiary Receives $19.9 Million for Additional One System(TM) Remote Video Terminals, Expanding Suppor
02 10월 2007 - 6:00AM
PR Newswire (US)
HUNT VALLEY, Md., Oct. 1 /PRNewswire-FirstCall/ -- United
Industrial Corporation (NYSE:UIC) announced today that its AAI
Corporation subsidiary has received orders totaling $19.9 million
from the U.S. Army for production of 613 additional One System
remote video terminals (OSRVTs) and 208 extended- range mobile
directional antenna systems (MDASs). The contract has options for
an additional 1,517 OSRVT production units and 411 MDASs with a
total potential contract value of more than $73.6 million.
Including the new order, a total of 930 OSRVT production units and
355 MDASs have been purchased by the U.S. Army. OSRVTs are small,
mobile, intelligence-gathering systems capable of delivering live
video and telemetry data to warfighters from an array of unmanned
and manned aircraft systems operating across a multi-service,
intelligence-sharing, interoperability network. Using OSRVTs,
warfighters simultaneously receive live video and positional data
integrated on their hand-held video terminals. A video "footprint"
and icons identify aggressor and "friendly" units, vehicles,
facilities, landscape, and other features that are overlaid on a
dynamic, live geo- location map. The intelligence makes possible
swift decisionmaking, target selection, and response.
Extended-range antennas enable OSRVT systems to meet mission range
requirements with reception up to 80 kilometers. "OSRVT has become
an extremely important, mission-critical, intelligence- gathering
asset that links data-gathering technologies in the air to
warfighters with boots on the ground in any number of battlespace
scenarios," said Steven E. Reid, vice president of AAI's unmanned
aircraft systems division. "OSRVT integrates transparently with a
multitude of manned and unmanned aircraft, including Air Force and
Navy assets, to provide immediate, real-time situational awareness
and targeting information to combat units on the ground," Reid
pointed out. In addition to being fielded currently with the U.S.
Army in Iraq, OSRVT systems will operate with the first Shadow(R)
200 tactical unmanned aircraft systems (TUAS) to be deployed to
Iraq with the U.S. Marine Corps this fall. The Marine Corps
announced earlier this year that it was replacing its Pioneer UAS
systems with the newer, combat-proven Shadows. AAI has been a
global leader in tactical unmanned aircraft systems and network
centric intelligence-gathering technologies over the past three
decades. The company's Shadow system is the U.S. Army's premier
tactical UAS, deployed for more than four years in Iraq, as well as
in Afghanistan and elsewhere. United Industrial Corporation
designs, produces, and supports aerospace and defense systems
through its wholly owned subsidiary, AAI Corporation, and AAI
Corporation's direct and indirect wholly owned subsidiaries, AAI
Services Corporation, Aerosonde Pty Ltd, Aerosonde North America
Incorporated, ESL Defence Limited, McTurbine Inc., and Symtx, Inc.
Its high-technology products and services include unmanned aircraft
systems, training and simulation systems, automated aerospace test
and maintenance equipment, armament systems, aviation ground
support equipment, logistical and engineering services, and
maintenance, repair, and overhaul activities. For more information,
visit http://www.unitedindustrial.com/ and http://www.aaicorp.com/
. Except for the historical information contained herein,
information set forth in this news release may contain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Words such as "expects,"
"anticipates," "intends," "plans," "believes," "estimates," and
variations of such words and similar expressions that indicate
future events and trends are intended to identify such
forward-looking statements, which include, but are not limited to,
projections of revenues, earnings, cash flows, and contract awards.
These forward-looking statements are subject to risks and
uncertainties, including without limitation, program cancellations
and changes in program funding, which could cause the company's
actual results or performance to differ materially from those
expressed or implied in such statements. The company makes no
commitment to update any forward-looking statement or to disclose
any facts, events, or circumstances after the date hereof that may
affect the accuracy of any forward-looking statement. For
additional information about the company and its various risk
factors, please see the company's most recent annual report on Form
10-K and other documents as filed with the Securities and Exchange
Commission. DATASOURCE: United Industrial Corporation CONTACT: IR
Contact: Stuart F. Gray, +1-410-628-8686, , or Media Contact:
Sharon C. Corona, +1-410-628-3184, corona@aaicorp, both for United
Industrial Corporation Web site: http://www.unitedindustrial.com/
http://www.aaicorp.com/ Company News On-Call:
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