Engineered Support Receives Orders Totaling $76 Million for More Than 5,600 U.S. Army Generator Sets
28 June 2005 - 7:43AM
PR Newswire (US)
Engineered Support Receives Orders Totaling $76 Million for More
Than 5,600 U.S. Army Generator Sets ST. LOUIS, June 27
/PRNewswire-FirstCall/ -- Engineered Support Systems, Inc.
(NASDAQ:EASI) received orders totaling $76.2 million from the U.S.
Army for the production of 5,902 Tactical Quiet Generator (TQG)
sets. The orders, received by the Company's Fermont subsidiary
located in Bridgeport, Conn., are releases under three existing
long-term contracts with the Army, and include 2,567 3-kilowatt
TQGs, 975 5-kilowatt TQGs, 1,162 10-kilowatt TQGs, 1,015
15-kilowatt TQGs, and 183 100-kilowatt TQGs. The generator sets are
slated for delivery through fiscal 2006 and until mid-fiscal 2007.
"These orders emphasize Engineered Support's enduring key role as
the preeminent supplier of mobile electric power on the
battlefield," said Gerald A. Potthoff, Engineered Support Vice
Chairman and CEO. "Further, the commitment by the DoD of fiscal
2005 supplemental spending represented in the majority of these
orders demonstrates the priority our military places on
recapitalization of the sustainment-related equipment and programs
that we specialize in," he said. Fermont has produced 3, 5, 10 and
15-kilowatt TQGs under two Army contracts over the past several
years, and more recently began production of the 100 and
200-kilowatt generator sets under a third contract, according to
Potthoff. Fermont has been a leading designer and manufacturer of
rugged and reliable military generator sets since 1944, and is the
largest supplier of generator sets to the U.S. military, he said.
About the TQG The TQG family of generators meets the U.S.
military's need for an efficient, rugged and portable source of
electrical power for lighting and support equipment for troops
during training, peacekeeping or combat operations. The 3, 5, 10
and 15-kilowatt TQG sets combine reliable performance with
lightweight, low-noise capabilities for use in remote field
locations wherever electrical power is needed. The company
delivered its 10,000th 3- kilowatt TQG to the Army in March of this
year. The next-generation 100- kilowatt and 200-kilowatt TQGs
feature an advanced electronic diagnostics and prognostics package,
and a state-of-the-art digital control panel. Engineered Support
Systems, Inc. provides advanced sustainment solutions including the
design, manufacture and supply of integrated military electronics,
support equipment and technical and logistics services for all
branches of America's armed forces and certain foreign militaries,
homeland security forces and selected government and intelligence
agencies. The company also produces specialized equipment and
systems for commercial and industrial applications. For additional
information, please visit the Company's website at
http://www.engineeredsupport.com/ . DATASOURCE: Engineered Support
Systems, Inc. CONTACT: Larry Cox, Communications Mgr., of
Engineered Support Systems, +1-314-553-4960, Web site:
http://www.engineeredsupport.com/
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