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Irvine Sensors Secures Orders for Thermal Imaging Cores from Army

Editorial Checklist

Reviewed

Dec 11 2009

Irvine Sensors Corporation (Nasdaq: IRSN) today announced that it has received two purchase orders this week from a defense contractor for production quantities of Irvine's proprietary thermal imaging cores intended for use in a new military product.

The two purchase orders are for deliveries in Irvine Sensor's current fiscal year and the two subsequent fiscal years thereafter. Pricing of the delivered units will be dependent upon product configurations required to meet end-user applications, but the aggregate value of the two purchase orders is expected to be at least approximately $7.7 million. Initial configurations have been specified to allow Irvine Sensors to commence production in the immediate future.

Source:

http://www.irvine-sensors.com/

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