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SAN JOSE, Calif. (March 31, 2003) - Vision Systems International, LLC (VSI), a leader in advanced Helmet Mounted Display technology, has been awarded a $60.1M contract from Boeing, St. Louis for the delivery of more than 300 Joint Helmet Mounted Cueing Systems (JHMCS).
Under this contract, VSI will provide JHMCS display systems plus spares for the LRIP 3 (Low Rate Initial Production) acquisition. This procurement will fill domestic production commitments and retrofit obligations on the F-15, F-16 and F/A-18. Deliveries under LRIP 3 have already begun and VSI is expecting a Full Rate Production (FRP) award later this year.
"This award is a testament to both the revolutionary capabilities JHMCS offers the war fighter as well as the dedication to the success of the program from our industry partners and customers," stated Ken Stansell, President of VSI. "This latest contract from Boeing further reinforces VSI's leadership in advanced helmet mounted cueing systems."
VSI, a joint venture between EFW Inc., a subsidiary of Elbit Systems Ltd (NASDAQ:ESTL), and Rockwell Collins (NYSE:COL), was formed in 1996 to pursue fixed wing helmet-mounted display (HMD) opportunities worldwide. In addition to the JHMCS, VSI is in development on the advanced helmet mounted display for the F-35 (JSF) and in final development on the DASH (Display and Sight Helmet) Generation IV HMD under multiple contracts to Lockheed Martin.
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