Communications & Power Industries Receives Contracts for Tactical Common Data Link Antenna Terminals
PALO ALTO, Calif., Sept 16, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- The Malibu Division of Communications & Power Industries, Inc. (CPI) has been awarded multiple contracts totaling more than $3 million by L-3 Communications Systems West for low-rate initial production of advanced tactical common data link (TCDL) antenna terminals to support intelligence, surveillance and reconnaissance (ISR) applications. CPI expects to receive full-rate production contracts at a later date. 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. L-3 Communications Corporation (NYSE: LLL) is a prime contractor in C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services.
Under these initial contracts, which are expected to be completed in calendar year 2009, CPI Malibu Division will provide tactical and portable TCDL antennas operating in Ku-band, X-band and dual X-band/Ku-band frequencies. The ground-based data 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 latest, most advanced U.S. military unmanned aerial vehicle (UAV) platforms, including the RQ-4 Global Hawk, MQ1-C Warrior and RQ-7 Shadow.
"Unmanned aerial vehicles are becoming increasingly prevalent in military operations - performing critical intelligence, surveillance and reconnaissance tasks - and their role is expected to continue to grow. As a result, providing advanced tactical data links to support ISR applications for UAVs is a compelling growth opportunity, and one in which we believe CPI Malibu Division is well positioned, as evidenced by these contracts," said Joe Caldarelli, chief executive officer of CPI. "We look forward to a long and productive relationship supplying CPI Malibu Division's state-of-the art TCDL antenna terminals to our partners for UAV and ISR 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, 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
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