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VSI’s 2011 Highlights and Ways Forward in 2012

The holiday season is upon us and many of you are busy attending parties, planning for guests or finishing that last minute shopping. This is also the time of year to reflect on the year’s accomplishments and to look forward to the next year. So, allow me to tell you a little about the progress made by VSI in 2011 and to share what we look forward to in 2012.

In 2011, VSI enjoyed success on many levels. Among the highlights, was the contract award from Lockheed Martin to enhance F-35 Helmet Mounted Display Systems (HMDS) currently in production for the 5th generation Lightning II Joint Strike Fighter aircraft. With much speculation emanating from the night vision goggle based alternative helmet contract we feel that this enhancement contract award to VSI, speaks for itself. The fact is, the VSI team has an executable plan in place that will resolve concerns around the HMDS’ night-vision capability.

Another major highlight occurred in June when the Danish Air Force (RDAF) flew the first operational flights of the NVCD-ANVIS night vision system. These combat missions were flown during the Libyan campaign in policing the no-fly zone. In the words of an RDAF spokesperson, our system “provided an efficient merge of Night Vision Goggle (NVG) and Joint Helmet Mounted Cueing Systems (JHMCS).”

Also in June, we received the Boeing Silver Performance Excellence Award for the third year in a row. This award recognized the superior quality and delivery of performance associated with the JHMCS. JHMCS has proven to be an invaluable asset to our customers, with over 4,200 systems delivered to the U.S. Department of Defense and allied air forces in 22 countries.

Going forward, VSI is very well positioned for the future. For example, a number of customers are taking high interest in our Targo® HMDS, which can display full-motion color video and data in a night-vision format familiar to military aviators. This new technology, applicable to F-15, F-16, F/A-18 and other aircraft, can also be retrofitted to the JHMCS. This capability presents VSI with tremendous opportunity in the coming year. Our ability to see solutions where others may see barriers will keep VSI on the vanguard of providing advanced helmet-mounted display systems for tactical aircraft.

Finally, let me say how fortunate I feel to be associated with such a fine group of professionals, who give their all to provide the aviation warfighters the very best helmet mounted displays found anywhere in the world.

I would like to wish all of you and your families the very best holiday season, whether you celebrate Christmas, Chanukah or just enjoy the time off. Have a wonderful time and a healthy and prosperous New Year.

Drew