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Intevac [Photonics] Receives $10 Million Contract from U.S. Army

Date Announced: 03 May 2012

Award relates to extreme low-light camera for helicopter pilot night vision.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intevac Photonics, a subsidiary of Intevac, Inc., (Nasdaq:IVAC - News) announced today it has received a $10 million contract from the U.S. Army’s Apache Helicopter Program Office.

This fixed price contract covers the manufacturing transition of Intevac’s extreme low light digital camera from the prototype phase to the initial production phase, and includes the initial delivery of these cameras for use in the Apache Pilot Night Vision System. The camera is based on Intevac’s patented EBAPS® (Electron Bombarded Active Pixel Sensor) design. This award represents the first of several production phases for integration on all AH-64 Apache helicopters.

“The award of this contract represents the first major production opportunity for our digital camera on a critical platform for the U.S. Army, and demonstrates their confidence in our extreme low light sensor technology. This is an important win for our business and the first step towards expanding our family of digital sensors to other key U.S. Military applications," commented Drew Brugal, executive vice president and general manager of Intevac Photonics.

Source: Intevac

Contact

Intevac, Inc.
Jeff Andreson,
408-986-9888
Chief Financial Officer

E-mail: via web site

Web Site: www.intevac.com

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