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Date Announced: 04 Oct 2011
Latest agreement brings total Northrop orders for laser camera to $15M.
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Intevac Photonics, a subsidiary of Intevac, Inc. (Nasdaq:IVAC - News) announced today it has received a $6.7 million production order for LIVAR® (Laser Illuminated Viewing and Ranging) cameras from Northrop Grumman Corporation (NYSE:NOC - News) for use in airborne, long-range target identification, with shipments expected within the next thirteen months. With this new order, Intevac has now received $15 million in LIVAR production orders from Northrop Grumman for deployment on multiple aircraft platforms. This represents the continuation of an ongoing multi-year business opportunity for LIVAR cameras.
“We are very pleased to receive this additional follow-on production order, as it is a significant milestone in the continued application of our LIVAR camera in the precision targeting and identification market,” commented Joe Pietras, executive vice president and general manager of Intevac Photonics. “The unique sensitivity and range gated capability of our LIVAR camera enables high-definition imaging for long distances in both day and night conditions, which is vital in long-range target detection applications.”
The LIVAR M506 imaging camera operates in the short wave infrared portion of the light spectrum for multiple military applications, from surveillance to long-range targeting and identification on both airborne and ground based applications.
Source: Intevac
E-mail: via web site
Web Site: www.intevac.com
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