PALO ALTO, Calif., Nov. 12 /PRNewswire-FirstCall/ -- Communications & Power Industries, Inc. (CPI) has received an initial award for satellite communications (satcom) amplifiers to support the General Dynamics SATCOM Technologies specialized satcom earth terminals for Increment One of the U.S. Army's Warfighter Information Network-Tactical (WIN-T) program, formally known as the Joint Network Node-Network (JNN-N) program. The award is for the first phase of a base-plus-four-option-years contract for which General Dynamics has selected CPI to be the supplier of Ku-band high-power amplifiers. CPI has recently received approximately $2 million in total awards, including this initial amplifier award, from General Dynamics to support the WIN-T and JNN-N programs.
General Dynamics has been awarded an initial $24 million contract from the U.S. Army Communications-Electronics Command (CECOM) in Fort Monmouth, N.J. under Increment One of the WIN-T program to provide 33 Satellite Transportable Terminals (STT) and two Unit Hub SATCOM Trucks (UHST) as well as other equipment and services. If all options are exercised, the contract has a total potential value to General Dynamics of up to $721 million. The program could have a total potential value of more than $50 million to CPI.
Under the initial award, CPI will provide traveling-wave tube (TWT) amplifiers to General Dynamics SATCOM Technologies for use in the STT units. Each STT will be outfitted with multiple CPI Ku-band TWT amplifiers that combine a high-efficiency helix TWT provided by CPI's Microwave Power Products Division with an "outdoor" amplifier provided by CPI's Satcom Division. Due to its light weight, small size and ruggedness, CPI's TWT amplifier can be mounted on a satcom terminal's antenna feed plate, minimizing potential radio frequency (RF) power losses associated with using longer waveguide runs and making CPI's TWT amplifier ideal for use in transportable satcom terminals.
"Today's warfighters have a tremendous need for mobile communications that are both reliable and secure, and Increment One of WIN-T is an important program that is intended to address this need by enhancing existing joint networking and satellite communications capabilities," said Joe Caldarelli, chief executive officer of CPI. "We are providing CPI's state-of-the-art TWT amplifier for use in the next generation of satcom terminals, and we look forward to a long and productive relationship on the WIN-T system with General Dynamics."
WIN-T is a tactical telecommunications system that provides command, control, communications, computers, intelligence, surveillance and reconnaissance support capabilities that are mobile and secure. It is intended for use by warfighters in the field, enabling them to access the Global Information Grid, the Department of Defense's main information-sharing network, by utilizing satellite, airborne and terrestrial communications systems. Increment One of WIN-T seeks to develop and field a mobile tactical network that will deliver voice, data and imagery to warfighters.
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.
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 and transmit 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, our ability to consummate the described bank financing on reasonable terms, competition in our end markets; our significant amount of debt; changes or reductions in the U.S. defense budget; U.S. government contracts laws and regulations; changes in technology; the impact of unexpected costs; inability to obtain raw materials and components; and currency fluctuations. 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. - 11/12/2007
Amanda Mogin, investor relations of Communications & Power Industries, Inc.,
Web site: http://www.cpii.com