Friday, August 27, 2010

ITT Wins Contracts for Land Mine Jammers

On April 2/07, BB&T Capital Markets upgraded EDO Corporation to “buy,” in part because they thought EDO was well positioned to win a part of the $200-$500 million Counter- Radio Controlled Improvised Explosive Device (RCIED) Electronic Warfare (CREW) contracts going forward. Those contracts came through, with awards for the system EDO now calls the CVRJ (CREW Vehicle Receiver/Jammer). The Pentagon refers to Spiral 2.1 Vehicle Mounted CREW systems, which are one element of the DoD’s Joint Counter RCIED Electronic Warfare program.



CREW systems are vehicle mounted electronic jammers designed to prevent the remote detonation of land mines. These are often triggered by off-the-shelf technology like cell phones, in order to avoid visible wires. EDO makes the Warlock jammer, a derivative of its earlier “Shortstop” product. If only these devices were as widespread in movie theaters and performance halls….


EDO/ITT JCREW Contracts


As the USA buys and fields more mine-resistant MRAP vehicles, IED jammers like the CVRJ and “Lockheed’s” Symphony are a natural accompaniment. ITT is currently on contract for up to 25,000 CREW 2.1 devices, with a potential total contract value of more than $1.7 billion.


Unless otherwise noted, EDO Communications & Countermeasures Systems in Thousand Oaks, CA (now part of ITT) receives these contracts from the Naval Sea Systems Command (NAVSEA) in Washington, DC. The Navy manages the joint CREW program for Office of the Secretary of Defense’s Joint IED Defeat Organization (JIEDDO).


Aug 20/10: ITT subsidiary EDO Communications & Countermeasures Systems in Thousand Oaks, CA received a $17.7 million contract modification to a firm-fixed-price contract (N00024-07-C-6311). It exercises options for 260 vehicle-mounted CREW 2.1 systems with the Band C ECP upgrade, for deployment in Afghanistan. These CREW 2.1 devices are being bought for use by all American military branches.


Work will be performed in Thousand Oaks, CA, and is expected to be complete by April 2011. $4.7 million will expire at the end of the current fiscal year.

You can see more history on this contract here.

No comments:

Post a Comment