EMS Technologies to Provide Seeker Antenna for DARPA/ U.S. Navy Missile Program
29 Giugno 2011 - 2:30PM
Business Wire
EMS Defense & Space, a division of aero connectivity and
mobile resource management leader, EMS Technologies, Inc. (NASDAQ:
ELMG), today announced a contract with Lockheed Martin to develop a
radio frequency seeker antenna for the U.S. Navy’s Long-Range
Anti-Ship Missile (LRASM).
The Defense Advanced Research Projects Agency (DARPA) has
selected Lockheed Martin Missiles and Fire Control to complete the
design and flight demonstration of two variants — LRASM A and B —
of the missile. LRASM-B, the supersonic prototype, will enable very
long-range, positive target identification and precision engagement
of moving ships in the presence of advanced countermeasures and
hostile active defense systems.
“Our efforts are focused on enhancing the capabilities of the
warfighter,” said Marion Van Fosson, Vice President and General
Manager, EMS Defense & Space. “With the increasing threat from
hostile countries, our mission is to help equip the warfighter with
the most advanced weaponry possible.”
EMS is scheduled to deliver a prototype of the seeker antenna in
Q3 2011. The company was able to leverage its extensive expertise
with other high-speed missile programs to win its role on the
LRASM-B program. The development of this antenna is a unique
extension of EMS Defense & Space’s best-in-class offering of
low-profile, highly efficient antennas.
About EMS Technologies
As one of the world’s leading providers of wireless connectivity
solutions, EMS Technologies, Inc. keeps people and systems
connected — on land, at sea, in the air or in space. EMS offers
industry-leading technology to support Aero Connectivity and Global
Resource Management markets through a broad range of cutting-edge
satellite and terrestrial network products; helping businesses,
assets and people stay connected and promoting universal mobility,
visibility and intelligence. EMS (NASDAQ: ELMG) serves customers
through operations in 12 countries.
www.ems-t.com
EMS Defense & Space, a division of EMS Technologies, Inc.,
is a leading provider of antenna and beam management systems for a
broad range of military and commercial applications, including
mobile network-centric operations and radar for battlefield
visibility. Utilizing innovative and cutting-edge technology, the
division’s products and services enable secure and vital RF links
in the air, in space, at sea and on the ground.
www.emsdss.com
Forward-Looking Statements
Statements contained in this press release regarding the
Company’s expectations for its financial results for 2011 and the
potential for various businesses and products are forward-looking
statements. Actual results could differ materially from those
statements as a result of a wide variety of factors. Such factors
include, but are not limited to economic conditions in the U.S. and
abroad and their effect on capital spending in our principal
markets; difficulty predicting the timing of receipt of major
customer orders, and the effect of customer timing decisions on our
results; our successful completion of technological development
programs and the effects of technology that
may be developed by, and patent rights that may be held or
obtained by, competitors; U.S. defense budget pressures on
near-term spending priorities; uncertainties inherent in the
process of converting contract awards into firm contractual orders
in the future; volatility of foreign currency exchange rates
relative to the U.S. dollar and their effect on purchasing power by
international customers, and on the cost structure of the our
operations outside the U.S., as well as the potential for realizing
foreign exchange gains and losses associated with assets and
liabilities denominated in foreign currencies; successful
resolution of technical problems, proposed scope changes, or
proposed funding changes that may be encountered on contracts;
changes in our consolidated effective income tax rate caused by the
extent to which actual taxable earnings in the U.S., Canada and
other taxing jurisdictions may vary from expected taxable earnings,
changes in tax laws, and the extent to which deferred tax assets
are considered realizable; successful transition of products from
development stages to an efficient manufacturing environment;
changes in the rates at which our products are returned for repair
or replacement under warranty; customer response to new products
and services, and general conditions in our target markets (such as
logistics and space-based communications) and whether these
responses and conditions develop according to our expectations; the
increased potential for asset impairment charges as unfavorable
economic or financial market conditions or other developments might
affect the estimated fair value of one or more of our business
units; the success of certain of our customers in marketing our
line of high-speed commercial airline communications products as a
complementary offering with their own lines of avionics products;
the availability of financing for various mobile and high-speed
data communications systems; risk that unsettled conditions in the
credit markets may make it more difficult for some customers to
obtain financing and adversely affect their ability to pay, which
in turn could have an adverse impact on our business, operating
results and financial condition; development of successful working
relationships with local business and government personnel in
connection with distribution and manufacture of products in foreign
countries; the demand growth for various mobile and high-speed data
communications services; our ability to attract and retain
qualified senior management and other personnel, particularly those
with key technical skills; our ability to effectively integrate our
acquired businesses, products or technologies into our existing
businesses and products, and the risk that any such acquired
businesses, products or technologies do not perform as expected,
are subject to undisclosed or unanticipated liabilities, or are
otherwise dilutive to our earnings; the potential effects, on cash
and results of discontinued operations, of final resolution of
potential liabilities under warranties and representations that we
made, and obligations assumed by purchasers, in connection with our
dispositions of discontinued operations; the availability,
capabilities and performance of suppliers of basic materials,
electronic components and sophisticated subsystems on which we must
rely in order to perform according to contract requirements, or to
introduce new products on the desired schedule; uncertainties
associated with U.S. export controls and the export license
process, which restrict our ability to hold technical discussions
with customers, suppliers and internal engineering resources and
can reduce our ability to obtain sales from customers outside the
U.S. or to perform contracts with the desired level of efficiency
or profitability; our ability to maintain compliance with the
requirements of the Federal Aviation Administration and the Federal
Communications Commission, and with other government regulations
affecting our products and their production, service and
functioning; and costs associated with a recent announcement by one
of shareholders that it intends to nominate four directors to our
Board. Further information concerning relevant factors and risks
are identified under the caption “Risk Factors” in our Annual
Report on Form 10-K for the year ended December 31, 2010.
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