EDO Wins Contract to Support Unmanned Aircraft.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- EDO Corporation EDO Corporation (NYSE: EDO) is an American company that designs and manufactures products for defense, intelligence, and commercial markets, and provides related engineering and professional services. It employs 4,000 people worldwide and had revenues of $715 million in 2006. (NYSE NYSE See: New York Stock Exchange : EDO Edo: see Tokyo, Japan. ) has received a five-year task order to provide programmatic support to the Army's Unmanned Aircraft Systems (UAS UAS University of Applied Sciences UAS Unavailable Seconds (Sprint) UAS University of Alaska Southeast UAS User Agent Server UAS Unassigned (Telabs) UAS Unmanned Aircraft System ) Project Office. The task order has a ceiling value of $37 million, with $1.1 million initial funding. Unmanned Aircraft Systems are remotely piloted or self-piloted aircraft that can carry cameras, communications equipment, weapons or other devices. EDO will provide services such as strategic planning; acquisition support; analyzing costs, training, and testing; and logistics planning. "The technology and diverse capabilities of unmanned aircraft systems have proven that they can accomplish complex missions without endangering a pilot's life. We are honored to help the Army get these critical assets to soldiers in the field," said James M. Smith, EDO's chief executive officer. The UAS Project Office manages the following systems: Raven, Shadow, Hunter, Warrior, and Future Forces Class I - IV UAS. These systems provide reconnaissance, surveillance and weapons delivery. The task order was competitively awarded under the Army Aviation and Missile Command (AMCOM AMCOM Aviation and Missile Command (US Army) ) Expedited Professional and Engineering Support Services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services (EXPRESS) contract. In 2005, CAS Inc, which was acquired by EDO in September, won the Army's AMCOM EXPRESS competition in the "Programmatic" domain. EXPRESS is a contractual vehicle that enables AMCOM to acquire qualified, cost-effective services in a timely and efficient manner. EXPRESS enables EDO-CAS to continue as a premier systems engineering and technical assistance contractor providing support to projects at the Redstone Arsenal in Huntsville. EDO Corporation designs and manufactures a diverse range of products for defense, intelligence, and commercial markets. Major product groups include: Professional and Engineering Services, Defense Electronics, Communications, Aircraft Armament Systems, Undersea Warfare, and Integrated Composite Structures. EDO's advanced systems are at the core of the transformation to lighter, faster, and smarter defense capabilities. With headquarters in New York, EDO Corporation (www.edocorp.com) employs 4,200 people worldwide. The company was founded in 1925 and had revenues of $648 million in 2005. |
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