FLIR Systems Awarded U.S. Navy Contract Valued at up to $137 Million to Support Rotary Aircraft Initiatives

FLIR Systems Awarded U.S. Navy Contract Valued at up to $137 Million to Support 
Rotary Aircraft Initiatives 
WILSONVILLE, OR -- (Marketwired) -- 08/29/13 --  FLIR Systems, Inc.
(NASDAQ: FLIR) announced today that it has been awarded an indefinite
delivery, indefinite quantity contract from the U.S. Naval Surface
Warfare Center, Crane Division, to support Naval Air Systems
Command's UH-1 program and the Vertical Takeoff Unmanned Aerial
Vehicle program. The contract is valued at $136.6 million and is for
FLIR's commercially developed, military qualified BRITE Star(R) II
gimbaled electro-optical/infrared imaging systems, BRITE Star(R) I
upgrades, and related spares and services. These advanced imaging
systems will provide intelligence, surveillance, reconnaissance,
detection, identification, and targeting capability in day or night
operations for both manned and unmanned platforms. An initial
delivery order of $4.2 million was received. 
Work under this award is expected to be performed out of FLIR's
facility in Wilsonville, OR, and is expected to be completed by
August 2018. 
"This contract award was the result of our team's continued effort to
bring highly advanced commercially developed solutions to government
markets," said Andy Teich, President and CEO of FLIR. "Our innovative
technology, high reliability, timely delivery, low total cost of
ownership, and global customer support drive our success in these
markets. We are proud to have been selected to provide the U.S. Navy
with these highly tactical solutions." 
About FLIR Systems 
FLIR Systems, Inc. is a world leader in the design, manufacture, and
marketing of sensor systems that enhance perception and awareness.
The Company's advanced thermal imaging and threat detection systems
are used for a wide variety of imaging, thermography, and security
applications, including airborne and ground-based surveillance,
condition monitoring, research and development, manufacturing process
control, search and rescue, drug interdiction, navigation,
transportation safety, border and maritime patrol, environmental
monitoring, and chemical, biological, radiological, nuclear, and
explosives (CBRNE) detection. Visit the Company's web site at  
Forward-Looking Statements 
The statements in this release by Andy Teich and the other statements
in this release about the contract and the order described above are
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements are based
on current expectations, estimates, and projections about FLIR's
business based, in part, on assumptions made by management. These
statements are not guarantees of future performance and involve risks
and uncertainties that are difficult to predict. Therefore, actual
outcomes and results may differ materially from what is expressed or
forecasted in such forward-looking statements due to numerous
factors, including the following: the ability to manufacture and
deliver the systems referenced in this release, changes in demand for
FLIR's products, product mix, the timing of deliveries under the
order discussed above, the impact of competitive products and
pricing, constraints on supplies of critical components, excess or
shortage of production capacity, the ability of FLIR to manufacture
and ship products in the time period required, FLIR's continuing
compliance with U.S. export control laws and regulations, and other
risks discussed from time to time in FLIR's Securities and Exchange
Commission filings and reports. In addition, such statements could be
affected by general industry and market conditions and growth rates,
and general domestic and international economic conditions. Such
forward-looking statements speak only as of the date on which they
are made and FLIR does not undertake any obligation to update any
forward-looking statement to reflect events or circumstances after
the date of this release, or for changes made to this document by
wire services or Internet service providers. 
Company Contact:
Shane Harrison
+1 503.498.3547 
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