NORTHVALE, NJ, April 20 – Inrad Optics (OTC Bulletin Board: INRD) announced today that its Sarasota, FL metal optics production facility has been awarded a 5 year IDIQ contract from the U.S. Army Contracting Command in Warren, MI to provide precision metal optical mirrors for use in tank fire control systems. The contract has a maximum value of $2.2 million, and a first-release production run totaling $526,000.
Precision metal optics carry out an important duty in modern tank warfare. The electro-optic fire control systems that give tanks their ability to shoot on the move are built around precision single axis metal mirrors. The Inrad Optics Sarasota metal optics facility has a long history producing these mirrors to the military’s exacting optical and mechanical standards.
This latest tank mirror project follows a 2007 contract to provide precision metal optical mirrors for the M1A1 ABRAMS tank’s fire control system. That award had an initial release funding of $660,000 for first year deliveries with options for additional releases during the following three years.
Joseph Rutherford, Inrad Optics CEO commented, “Inrad Optics has once again been selected to provide one of the essential components of the high performance fire control system used in one of the world’s most advanced military vehicles. Our historical success has prepared us to execute on this new set of requirements, and we are honored to have won the confidence of the U. S. Army Contracting Command”.
About Inrad Optics
Inrad Optics is a manufacturer of exceptional quality crystalline materials and devices, fabricated high precision glass, and metal optical components. Originally founded as Inrad, Inc., the organization matured via organic and acquired growth as Photonic Products Group, Inc., and in January 2012 announced its name change to Inrad Optics. Vertically integrated, manufacturing expertise includes solution and high temperature crystal growth, extensive optical fabrication capabilities, including precision diamond turning and the handling of large substrates, optical coatings and extensive in-process metrology. Inrad Optics’ customers include leading corporations in defense, aerospace, process control and metrology, medical and industrial laser sectors of the photonics industry, as well as government, national laboratory and university customers worldwide.
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