KOLLMORGEN AWARDED $35 MILLION NAV CONTRACT.WALTHAM, Mass.--(BUSINESS WIRE)--Feb. 2, 1995--Kollmorgen Corporation (NYSE NYSE See: New York Stock Exchange :KOL KOL Kings of Leon (UK band) KoL Kingdom of Loathing (online game) KOL Key Opinion Leaders KOL Key Opinion Leader KOL Kiss on Lips KOL Key Objects Library KOL Knights of Labor KOL Key-Oriented List ), announced today that its Electro-Optical Division, located in Northampton, Massachusetts, received a contract valued at $35 million from the Naval Sea Systems Command The Naval Sea Systems Command (NAVSEA) is the largest of the U.S. Navy's five "systems commands," or materiel organizations. NAVSEA consists of four shipyards, eight "warfare centers" (two undersea and six surface), four major shipbuilding locations and the NAVSEA headquarters, for design and construction of the U.S. Navy's Photonics Mast. The contract includes various production options valued at up to an additional $46 million. For this program Kollmorgen will serve as prime contractor and is teamed with Hughes, Raytheon, and AEL AEL Association Electronique Libre AEL Appalachia Educational Laboratory AEL Arabisch Europese Liga AEL Agence de l'Energie AEL Arab European League AEL Accessible Emission Limit AEL Acceptable Exposure Limit AEL Arquivo Edgard Leuenroth Industries. The initial development phase is scheduled for completion in 1998 and the contract options could extend into the year 2000. The Photonic Mast system is a non-hull penetrating electro-optical sensor system which provides visible and infrared imaging, image enhancement and storage, laser ranging, electronic warfare support measures That division of electronic warfare involving action taken to search for, intercept, identify and locate radiated electromagnetic energy for the purpose of immediate threat recognition. (ESM) and communications capabilities. This system is planned for installation on the New Attack Submarine and may also be backfitted onto SSN 21 and 688 class submarines. Kollmorgen is a world leader in providing high-performance motion control systems, analytical instruments, and advanced electro- optical equipment. CONTACT: Kollmorgen Corporation James A. Eder (203) 232-3121 or Gavin Anderson & Company Cindy Levy (212) 373-0220 |
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