Intevac Receives $10M Contract from U.S. Army
Intevac Photonics, a subsidiary of Intevac, Inc., (Nasdaq: IVAC) announced today it has received a $10 million contract from the U.S. Army's Apache Helicopter Program Office. This fixed price contract covers the manufacturing transition of Intevac's extreme low light digital camera from the prototype phase to the initial production phase, and includes the initial delivery of these cameras for use in the Apache Pilot Night Vision System. The camera is based on Intevac's patented EBAPS® (Electron Bombarded Active Pixel Sensor) design. This award represents the first of several production phases for integration on all AH-64 Apache helicopters.
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