Aydin
Displays, Inc. Receives an $8.8M Production Contract
Thursday March 17,
ATLANTA--(BUSINESS
WIRE)--March 17, 2005--Video Display Corporation (NASDAQ-NMS:VIDE - News) announced that its Aydin Displays, Inc. subsidiary had been awarded a $8.8M
production contract by Lockheed Martin to supply nuclear-hardened 15" ruggedized color AMLCD Visual Display Units (VDU) to be
utilized in the Minuteman III Weapons System Control Consoles. The VDU is the
primary operator interface to the Minuteman III Rapid Execution and Combat
Targeting (REACT) System.
Aydin will supply all of the VDUs over the
next 18 months to upgrade 50 Weapons Systems Control Consoles and 19 other
trainer and test facilities, as a portion of the Service Life Extension Program
(SLEP). The REACT SLEP is part of the ICBM Prime Integration Contract; Northrop
Grumman Mission Systems is the prime contractor for this program to modernize
the ICBM force to maintain readiness through 2020.
Video Display Corporation
designs, develops and manufactures unique solutions for display requirements
for military, medical and industrial use with emphasis on high end training and
simulation applications. Its product offerings include ruggedized
CRT and AMLCD displays as well as complete projection systems utilizing VDC's Marquee(TM) line of projectors. Video Display
Corporation operates 10 display design and manufacturing plants plus eight
sales facilities throughout the
This document contains
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. In addition, from time to time, Video Display Corporation or
its representatives have made or may make forward-looking statements, orally or
in writing. Such forward-looking statements may be included in, but are not
limited to, various filings made by the Company with the Securities and
Exchange Commission, press releases or oral statements made with the approval
of an authorized executive officer of the Company. Actual results could differ
materially from those projected or suggested in any forward-looking statements
as a result of a wide variety of factors and conditions.
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