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Irvine Sensors Books $2.1M In New Awards

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A promising start for fiscal 2009. Resource planning made much easier.
Irvine Sensors Corporation announced that it has booked an aggregate of approximately $2.1 million in new development contracts and follow-on awards in the last few weeks. The new bookings include funding for development, enhancement and flight testing of various advanced and thermal imaging sensors. These awards are largely funded from government carry over budgets and do not include any of the anticipated $2.4 million funding from new budgets for start up production of advanced thermal imaging products that Irvine Sensors recently announced.

John Carson, Irvine Sensors' Chairman and CEO, said, "This is a promising start for fiscal 2009 procurement activities. Early visibility into the timing of such jobs makes resource planning for the year easier. Plus, one of these new awards bears directly on an important strategic marketing thrust for our thermal imaging products."
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