Communications & Power Industries Receives Award From Cubic for Tactical Common Data Link Antenna Terminals
PALO ALTO, Calif., Oct 05, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- The Malibu Division of Communications & Power Industries, Inc. (CPI) has received a contract from Cubic Defense Applications, Inc. for tactical common data link (TCDL) ground and airborne antenna terminals to support intelligence, surveillance and reconnaissance (ISR) applications for the U.S. Navy's MQ-8B Fire Scout, a Vertical Takeoff and Landing Tactical Unmanned Aerial Vehicle (VTUAV). CPI, a subsidiary of CPI International, Inc. (Nasdaq: CPII), is a leading provider of microwave, radio frequency, power and control solutions for critical defense, communications, medical, scientific and other applications. Cubic Defense Applications is the defense systems business of Cubic Corporation (NYSE: CUB), a supplier of innovative defense products, systems and services to U.S. and allied governments in more than 50 nations.
The approximately $1 million contract is for low-rate initial production (LRIP) of CPI's advanced TCDL antenna terminals. Shipments are scheduled to be completed in calendar year 2009, and full rate production is expected to commence soon after. Work on the contract is being performed at CPI Malibu Division in Camarillo, Calif. The terminals are used in ISR applications to communicate full duplex video, forward-looking infrared (FLIR) imaging information, radar information and other data between ground control stations and the Fire Scout VTUAV.
Fire Scout is an unmanned, autonomous helicopter provided to the U.S. Navy by Northrop Grumman Corporation, and it features reconnaissance, surveillance and targeting capability. It is designed to be deployed aboard any aviation-capable ship and can watch for threats within 150 nautical miles. Each Fire Scout's data link system is comprised of two major components: a ground data terminal and an airborne data terminal that assist in its ISR and targeting missions by transmitting data at high-speed in real time for combat operations.
"All of us here at CPI Malibu are proud to be a part of the Fire Scout team," said Grant Hintze, president of the Malibu Division. "Our people have worked hard to reach this point, and we are looking forward to many years of success in working closely with Cubic on this program. We are excited that the program has now reached the LRIP phase, and are already planning for the upcoming full production phase."
About CPI International, Inc.
CPI International, Inc., headquartered in Palo Alto, California, is the parent company of Communications & Power Industries, Inc., a leading provider of microwave, radio frequency, power and control solutions for critical defense, communications, medical, scientific and other applications. Communications & Power Industries, Inc. develops, manufactures and distributes products used to generate, amplify, transmit and receive high-power/high-frequency microwave and radio frequency signals and/or provide power and control for various applications. End-use applications of these systems include the transmission of radar signals for navigation and location; transmission of deception signals for electronic countermeasures; transmission and amplification of voice, data and video signals for broadcasting, Internet and other types of commercial and military communications; providing power and control for medical diagnostic imaging; and generating microwave energy for radiation therapy in the treatment of cancer and for various industrial and scientific applications.
Certain statements included above constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements provide our current expectations, beliefs or forecasts of future events. Forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual events or results to differ materially from the results projected, expected or implied by these forward-looking statements. These factors include, but are not limited to, competition in our end markets; the impact of a general slowdown in the global economy; our significant amount of debt; changes or reductions in the U.S. defense budget; currency fluctuations; U.S. government contracts laws and regulations; changes in technology; the impact of unexpected costs; and inability to obtain raw materials and components. These and other risks are described in more detail in our periodic filings with the Securities and Exchange Commission. As a result of these uncertainties, you should not place undue reliance on these forward-looking statements. All future written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect us. We undertake no duty or obligation to publicly revise any forward-looking statement to reflect circumstances or events occurring after the date hereof or to reflect the occurrence of unanticipated events or changes in our expectations.
SOURCE CPI International, Inc.
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