Raven Aerostar, a unit of
Raven Industries Inc.
), in association with W. L. Gore & Associates has introduced
The NEMESIS Turkey Suit. This is the first product in Raven
Aerostar's NEMESIS series of innovative protective wear.
The NEMESIS Turkey Suit combining with GORE Multispectral
Concealment materials will protect warfighters from infrared
surveillance sensors and radio frequency (RF), reducing the
possibility of detection.
Currently, warfighters and security personnel require protective
clothing to resolve sophisticated needs. Protective clothing
demands the highest level of technical expertise. NEMESIS Turkey
Suit has been designed especially for hazardous situations to
NEMESIS Garments, Personal Hides and Equipment Covers are
beneficial for day and night operations, and specifically
minimize detection during infiltration and exfiltration. Its
advanced CCD (camouflage, concealment and deception) technology
allows full body coverage and is available in a broad range of
military textile patterns.
The NEMESIS Turkey Suit consists of a jacket, pant, hood and face
shield. Reinforcements, loops for attachment of natural materials
and detachable elements give the operator the ability to modify
the garment to fit mission specific needs.
The product is in sync with Raven's commitment to design, develop
and make life-saving solutions. The partnership with Gore will
provide Raven the ability to develop new and innovative solutions
to individual soldier and equipment.
The garment achieved authentication after extensive field trials
boosting the count of successful mission for the U.S.
warfighters. The suit is available for purchase directly through
Raven Aerostar and GSA Advantage, an online shopping site.
The Aerostar segment reported sales of $20.7 million, down 23%
year over year in second quarter of fiscal 2014 to due to reduced
demand from U.S. agency customers. Though the segment continues
to face government uncertainty and sluggish demand, it is
expected to generate long-term growth by serving commercial asset
monitoring markets and other commercial applications.
Raven is working to offset government uncertainty by expanding
proprietary technology revenues including advanced radar systems,
high-altitude research balloons and aerostats to international
South Dakota-based Raven, is an industrial manufacturer providing
a variety of products for the agricultural, industrial,
construction and aerospace markets. Raven operates through four
business segments - Engineered Films, Electronic Systems, Applied
Technology and Aerostar.
Raven currently retains a short-term Zacks Rank #3 (Hold). Among
the other stocks in the same industry,
Federal Signal Corp.
LSB Industries Inc.
) look favorably placed with a Zacks Rank #2 (Buy).
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RAVEN INDS INC (RAVN): Free Stock Analysis
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