Video Display Corporation Awarded Northrop Grumman Contract.Business Editors ATLANTA--(BUSINESS WIRE)--June 18, 2003 Aydin Displays, Inc., a division of Video Display Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :VIDE), has been awarded a $500,000 contract by Northrop Grumman Corporation to supply monitors for the IFTE IFTE Integrated Family of Test Equipment IFTE Intermediate Forward Test Equipment IFTE Initiative for Technology and Entrepreneurship IFTE Integrated Forward Test Equipment test system. The U.S. Army's Integrated Family of Test Equipment (IFTE), produced by Northrop Grumman Corporation, is a standard automated test system for detecting electronic faults in military weapons. IFTE can be used across all maintenance levels from the front line to the depot. As a highly mobile, fast, multifunctional tester, IFTE reduces downtime, unnecessary component replacements and excess spares inventory by improving the speed and quality of diagnosis and repair. It provides analog, digital, and radio frequency/microwave, electro-optics and hybrid test capability over a broad frequency spectrum. IFTE products include: -- The Base Shop Test Facility (BSTF BSTF Bibliographic Services Task Force (University of California Libraries) BSTF Base Shop Test Facility BSTF British Student Taekwondo Federation (UK) BSTF Battle Staff Training Facility ), a mobile shop for field repair of line replacement units at direct support or general support of maintenance. The BSTF is contained in a S280 shelter mounted on a five-ton truck. -- The Commercial Equivalent Equipment (CEE) units, identical in capability to the BVSTF but offering an economic alternative for benign environments, such as weapons system contractor's factories and military depots. -- The Army Test Program Set Environment (ASTE ASTE Alaska Society for Technology in Education ASTE Association of Staff in Tertiary Education ASTE Association pour le Développement des Sciences et Techniques de l'Environnement ASTE American Society of Test Engineers, Inc. ) system, a software toll set hosted on a commercial workstation. ASTE supports the development and maintenance of test program sets for both BSTF and CEE testers. In addition to U.S. Army contracts, IFTE units have been purchased by the NATO Maintenance and Supply Agency The NATO Maintenance and Supply Agency (French: Agence OTAN d'entretien et d'approvisionnement), abbreviated to for Multiple Launch Rocket System (MLRS MLRS Multiple Launch Rocket System (US DoD) MLRS Multiple Launcher Rocket System MLRS Marine Corps Long-Range Study (US DoD) ) depot in Luxembourg, including most recently as free-standing base shop test station with maintenance, training, and spares. 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 (Active Matrix LCD) See active matrix. displays as well as complete projection systems utilizing VDC's Marquee(TM) line of projectors. Video Display Corporation operates 11 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. |
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