ESSI Receives $25.5M Order for USAF Deployable Power Systems
06 July 2004
St. Louis, July 6, 2004 -- Engineered Support Systems, Inc. (Nasdaq: EASI) received a $25.5 million order from the U.S. Air Force for production of its Deployable Power Generation and Distribution System (DPGDS). The order, received by the Company's Radian Inc. (Radian) subsidiary located in Alexandria, Virginia, calls for production of 60 Air Force-configuration prime power units. The current award brings the total DPGDS equipment ordered to date under this multi-year program to $230.8 million for purchases of the deployable systems, which are operated by both U.S. Air Force and U.S. Army for various Department of Defense missions. Delivery of the 60 prime power units is scheduled to begin in January 2005 completing by August 2005, according to Jerry Daniels, Vice Chairman and CEO.
About DPGDS
The DPGDS is an air transportable electrical power generation and distribution system that provides electrical power for a variety of military missions ranging from support of a small military outpost to a fully operational, forward deployed airbase. The 920-kw DPGDS is a joint U.S. Army and Air Force program designed as a replacement for existing 750-kilowatt sets that incorporate outdated technology. This is inefficient and requires excessive maintenance costs. In contrast, the DPGDS power units have high power density, are 25% lighter and 15% more fuel efficient, and possess increased reliability and maintainability and can be tailored to a wide variety of missions.
Engineered Support Systems, Inc. designs and manufactures integrated military electronics, support equipment and provides technical and logistics services for all branches of America's armed forces and certain foreign militaries, homeland security forces and selected governmental and intelligence agencies. The Company also produces specialized equipment and systems for commercial and industrial applications.
