Electronic parts supplier Palomar Display Products has secured two contracts totalling more than $6.2m to deliver military display systems and spare display parts for the M1A2 Abrams tank fire control system.
The company said that the high-resolution, optically coupled display systems have been designed, tested and qualified by Palomar Display Products, specifically for the M1A2 Abrams tank.
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The display systems will be delivered to the US Army during 2021.
Palomar Display Products president Paul Bell said: “These two orders bring our 2019 Q4 bookings to $12m and our total FY 2019 bookings to $36m.
“As of today, our current backlog is over $34m with over $20m to be delivered in FY2020 and the remainder to be delivered in FY2021.
“The strength of our 2019 bookings reaffirms our operational strategy and assures our continued growth in 2020 and 2021.”
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By GlobalDataEarlier this month, Palomar Display Products won a $5.4m firm fixed-price contract from the US Army Contracting Command for military display systems for the M1A2 Abrams tank.
Displays will be delivered and installed in US Army vehicles and all deliveries under the contract will take place until 2021.
In August, the company secured three firm fixed-price contracts from three customers totalling $10.2m for military display systems for the M1A Abrams tank and Bradley M2/M3 Fighting Vehicle.
The optically coupled display systems, designed, tested and qualified by Palomar Display Products, will be installed on vehicles delivered to the US Army.
The company will deliver the products under these contracts until 2021.
Based in Carlsbad, California, US, Palomar Display Products is a subsidiary of Palomar Technologies. The company is involved in the development and manufacture of high-resolution tactical targeting displays that are installed on thousands of armoured vehicles worldwide.
Palomar Technologies supplies automated microelectronic assembly machines and contract assembly services with specialisation in precision die attach, wire bonding and vacuum reflow solutions. Its customers include companies in the RF, optoelectronic and defence markets.
