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WASHINGTON (Oct. 1, 2008) - ICx Technologies (NASDAQ: ICXT), a developer of advanced sensor technologies for homeland security, force protection and commercial applications, announced today that it has been awarded a system-engineering, analysis and integration contract by the U.S. Army Research and Development Engineering Command Acquisition Center.
The award, with an estimated value of up to $711 million over seven years, was presented as a single contract for the Joint Nuclear, Biological, Chemical Reconnaissance System Increment II (JNBCRS 2) program.
"JNBCRS 2 is a vital program, and we've assembled a highly qualified team of experienced subcontractors," said Hans Kobler, CEO of ICx. "This system will be a critical tool for our troops as they face terrorist attacks and new kinds of warfare all over the world."
The contract begins in Q4 2008 with an initial two-year, $20 million product-development effort. It is projected that the production phase will have an estimated value of $711 million.
Kobler added, "This significant award is strong validation of ICx Technologies' innovation and technology leadership in the CBRNE community."
ICx will send additional Cerberus mobile surveillance towers for use at bases in Iraq and Afghanistan. ICx had been previously awarded an order for $14 million under this program.
ICx Transportation will assist HDOT in all aspects of its Intelligent Transportation System (ITS) deployment. Services will include ITS planning, support for implementation, and system integration.
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October 1, 2008
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FEATURED INSTALLATIONS
Orlando Regional Traffic Management Center
The ICx Cameleon Intelligent Traffic System networks over 150 surveillance cameras, and over 50 dynamic sign control systems spanning a 1,000-square-mile area of Florida's highway transportation system. The system also supports security systems for 3 critical bridges, automatically collects data, volume, speed, and occupancy data from over 150 radar and loop detectors, and interfaces with a 511 web-based incident management system. Command-center hardware displays output on a video wall, and includes digital recording and video analytics.
FEATURED PRODUCTS
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