Aydin Displays, Inc. Receives an $8.8M Production Contract.ATLANTA -- Video Display Corporation (NASDAQ-NMS:VIDE vi·de v. Abbr. v. See. Used to direct a reader's attention. [Latin vid  , sing. ) announced that its Aydin Displays, Inc. subsidiary had been awarded a $8.8M production contract by Lockheed Martin For the former company, see .Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. to supply nuclear-hardened 15" ruggedized color AMLCD (Active Matrix LCD) See active matrix. Visual Display Units (VDU (Video Display Unit) Same as VDT. VDU - Visual Display Unit ) to be utilized in the Minuteman III Weapons System Control Consoles. The VDU is the primary operator interface to the Minuteman III Rapid Execution and Combat Targeting (REACT) System. Aydin will supply all of the VDUs over the next 18 months to upgrade 50 Weapons Systems Control Consoles and 19 other trainer and test facilities, as a portion of the Service Life Extension Program (SLEP). The REACT SLEP is part of the ICBM ICBM: see guided missile. ICBM in full intercontinental ballistic missile Land-based, nuclear-armed ballistic missile with a range of more than 3,500 mi (5,600 km). Only the U.S. Prime Integration Contract; Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. Mission Systems is the prime contractor for this program to modernize the ICBM force to maintain readiness through 2020. Video Display Corporation designs, develops and manufactures unique solutions for display requirements for military, medical and industrial use with emphasis on high end training and simulation applications. Its product offerings include ruggedized CRT (1) (C RunTime) See runtime library. (2) (Cathode Ray Tube) A vacuum tube used as a display screen in a computer monitor or TV. The viewing end of the tube is coated with phosphors, which emit light when struck by electrons. and AMLCD displays as well as complete projection systems utilizing VDC's Marquee(TM) line of projectors. Video Display Corporation operates 10 display design and manufacturing plants plus eight sales facilities throughout the United States and Europe. This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition, from time to time, Video Display Corporation or its representatives have made or may make forward-looking statements, orally or in writing. Such forward-looking statements may be included in, but are not limited to, various filings made by the Company with the Securities and Exchange Commission, press releases or oral statements made with the approval of an authorized executive officer of the Company. Actual results could differ materially from those projected or suggested in any forward-looking statements as a result of a wide variety of factors and conditions. |
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