BOSTON, 2 Dec. 2005. The U.S. Army's Night Vision and Electronic Sensors Directorate (NVESD) has awarded EOIR Technologies Inc. new orders for technology products and services totaling $3.4 million.
EOIR Technologies Inc. is working on a range of next-generation technology solutions for the NVESD, including night vision and advanced sensor applications, disposable sensors, and other threat-detection systems.
Many of the products and services being delivered on this contract utilize next-generation electro-optic and infrared sensor technologies that are being used in direct support of U.S. military combat operations in Iraq, Afghanistan and elsewhere. The Army's NVESD has been responsible for numerous key innovations in the fields of optical electronics and thermal imaging for weapons targeting, electronic surveillance and other mission-critical military applications.
The $3.4 million in new orders come under an NVESD omnibus contract. The omnibus contract Option Year Four was awarded on July 15, 2005. Since that date EOIR Technologies Inc. omnibus contract awards have totaled $29 million. As of October 31, 2005 EOIR Technologies Inc. had funded backlog of $55.1 million.
The ongoing Omnibus contract may provide a maximum ceiling amount of up to $80 million in fiscal year revenues.
EOIR Technologies, Inc. has been providing innovative sensor engineering products and services to customers within the Department of Defense for nearly 25 years.
EOIR is a subsidiary of Technest Holdings, Inc., a defense and homeland security company transforming advanced laboratory technology into real-world products. Technest is a provider of: advanced remote sensor systems, chemical detectors, intelligent surveillance and advanced 3D imaging technology solutions to the defense and homeland security marketplaces.
The company is committed to setting next-generation standards in defense and security through the provision of innovative emerging technologies and expert services. Technest's solutions support military, law enforcement and homeland security personnel. Through strategic development, it focuses on the creation of dual-use technology and products with applications in both the defense market and civilian homeland security and law enforcement fields. For more information, see www.eoir.com.
