FLIR Systems, Inc
) received a nod for a full-rate production decision for its
integrated chemical, biological, radiological, nuclear and
explosives (CBRNE) threat response system for the Dismounted
Reconnaissance Sets, Kits and Outfits (DR SKO) program from the
U.S. Department of Defence.
The DR SKO program is a joint service and an initiative from
the Department of Defence, concentrating on CBRNE threat
detection systems, primarily utilized by the Army, Navy, Air
Force, Marines and Civil Support Teams. FLIR's DR SKO system
offers a comprehensive set of CBRNE detection, identification,
sample collection, testing and personal safety kits that allow
defense personnel to conduct site evaluation and carry out
This program, which was originally called the Joint Nuclear
Biological Chemical Reconnaissance System Increment II (JNBCRS2),
is in the process of development since 2008.
This apart, FLIR also received a $12.3 million contract from
the U.S. Army for the initial production of low-rate DR SKO
systems along with a $5.8 million development contract for
program management and logistics tasks associated with the
The U.S. Department of Defense has resumed efforts to
strengthen its artillery after budgetary woes ebbed with the
passing of Obama's $1.1 trillion Omnibus spending measure in Jan
2014. The bill allows Pentagon to utilize as much as $93 billion
for buying weapons and another $63 billion for advancing research
and development in the sector. In an attempt to optimally utilize
the funds, Pentagon has recently awarded 13 defence contracts
aggregating to about $305 million.
The companies receiving most of the contracts include
General Electric Co.
CACI International Inc
Rockwell Collins Inc
Lockheed Martin Corp.
and FLIR Systems, Inc.
FLIR Systems currently carries a Zacks Rank #4 (Sell).
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