Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), announced on February 8th that the U.S. Naval Surface Warfare Center has awarded the company an indefinite delivery, indefinite quantity (IDIQ) contract worth up to $43.9 million to service electro-optical sensor systems used for Intelligence, Surveillance and Reconnaissance (ISR). The contract will provide replacement parts and technical support for several land- and sea-based systems used by the United States Navy and Coast Guard, including the BRITE® Star II, the Sea Star SAFIRE® III, and the Star SAFIRE® 380-HD. In addition to the IDIQ award, the Defense Logistics Agency (DLA) also recently awarded Teledyne FLIR two contracts with a combined value of $16.2 million to procure BRITE Star II multi-sensory imaging systems. Those systems will support the U.S. Navy/Marine Corps H-1 program.
Read more about this news here.