Global high-performance test systems and sensors supplier MTS Systems has received purchase orders for the delivery of advanced technology sensors to be used in systems for the US Department of Defense (DoD).
With a total value of approximately $187m, inclusive of all options, the purchase orders have been awarded to the US-based company’s Sensor Business Unit.
MTS Sensors president David Hore said: “We are honoured to be awarded this programme in support of our nation’s defence.
“It represents the culmination of many years of development efforts on the part of our sensor team, working closely with prime system contractors and the US military.
“Through these efforts we have demonstrated an ability to deliver outstanding sensor technology while meeting the rigorous quality, reliability and delivery standards needed to support the expanding needs of our military.”
The company has already been awarded and funded orders of up to $20m and include option clauses that are expected to be awarded incrementally up to an additional $167m throughout the performance period of each contract.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
Expected to be completed over the next five to seven years, delivery of the new technology sensors are slated to commence in the company’s fiscal year 2019.
MTS Systems president and chief executive officer Jeffrey Graves said: “Through the combination of new product technologies and a strong focus on ‘total customer satisfaction’ across the markets that we now serve, we believe our Sensor business is very well positioned for exciting, double-digit growth for many years to come.”
The company focuses on providing its customers with high-performance sensors that can deliver measurements of vibration, pressure, position, force and sound in a wide range of applications.