CARLSBAD, Calif., Oct. 12, 2017 /PRNewswire/ -- Palomar Display
Products, Inc. announced today that it has been awarded a firm
fixed price contract totaling $5.3M
to deliver military display systems for the M1 Abrams tank.
The optically coupled display systems have been designed, tested
and qualified for the M1 Abrams tank and will be installed on tanks
delivered to the US and International customers. All deliveries
under this contract will take place through 2018.
In addition, Palomar Display Products, Inc.'s IDIQ (Indefinite
Quantity, Indefinite Delivery) sole source contract with the US
Army has been increased by $9.3M for
a new maximum award ceiling of $37.9M.
"This significant order greatly contributes to our 2018
backlog," stated Palomar Display Products President Paul Bell. "And the additional $9.3M increase to our IDIQ contract is a clear
indication that our product offering will remain the backbone
gunner's thermal sight display for the M1 Abrams tank for years to
come."
Headquartered in Carlsbad,
California, Palomar Display Products, Inc. is a proven world
leader in the development and manufacture of high-resolution
tactical targeting displays that are installed on tens of thousands
of armored vehicles worldwide.
http://www.palomardisplays.com/
Media Contact:
Palomar Display Products, Inc.
Zeev Kalansky, VP Business
Development
7609313289
PRLog ID: www.prlog.org/12670303
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SOURCE Palomar Display Products, Inc.