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Telecommunications equipment industry

EDO Corp. Receives $12.2 Million in Combat Systems Business Awards

Strategic Insights

— 1 min read

EDO Corp.'s latest contract awards reflect its position as a leading provider of cutting-edge combat systems to the US and international markets. The company's recent announcement of $12.2 million in new awards underscores its commitment to delivering high-quality solutions to meet the evolving needs of military and defense organizations. With a strong focus on innovation and collaboration, EDO Corp. continues to play a crucial role in the development and implementation of advanced technologies.

Key Takeaways:

  • EDO Corp. received $12.2 million in new combat systems business awards from US and international customers, with primary contract work to be performed at the company's Combat Systems business unit in Chesapeake, Va.
  • The largest award of $7 million is an option add-on to a Royal Norwegian Navy contract announced last year, for the installation of a new combat system on a newly commissioned coast guard ship.
  • Other recent contract awards include $2.2 million from Lockheed Martin for technical services, $1.6 million to supply Mission Data Link systems, and $1.4 million from Empresa Nacional BAZAN of Spain for delivery of AN/UQN-4 Deep Ocean Depth Finders and Underwater Telephone Systems.
  • The award from Lockheed Martin marks the second phase of a program for technology development and production, with EDO Corp. providing specialized technical service for the overhaul and transfer of FF-1052 class ships to the Republic of China Navy.
  • The contract from Empresa Nacional BAZAN is for the Spanish F-1000 Frigate Program, demonstrating EDO Corp.'s global reach and commitment to supporting international defense initiatives.

Statistics:

  • $12.2 million: Total value of new combat systems business awards received by EDO Corp.
  • $7 million: Largest award for an option add-on to a Royal Norwegian Navy contract announced last year
  • Two: Phases of a program for technology development and production, with $2.2 million awarded for technical services
  • 1.6 million: Award for supplying Mission Data Link systems and spares to support the US Navy's Airborne Mine Countermeasures (AMCM) C4I initiative
  • 1.4 million: Award from Empresa Nacional BAZAN of Spain for delivery of AN/UQN-4 Deep Ocean Depth Finders and Underwater Telephone Systems

Sources:

  • EDO Corp. press release, April 5.
  • Lockheed Martin contract award.
  • U.S. Navy's Airborne Mine Countermeasures (AMCM) C4I initiative.
  • Empresa Nacional BAZAN contract award.
  • Royal Norwegian Navy contract announcement.

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