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Mikros Systems Corporation (OTCBB: MKRS), Princeton, New Jersey, May 3, 2007 — Mikros Systems Corporation announced today that it was awarded a $2.4 million contract from the Naval Surface Weapons Center, Port Hueneme Division (NSWC PHD) for the continuing development of ADEPT(R). ADEPT is Mikros’ automated maintenance tool designed to reduce significantly the man-hours required to align the AN/SPY-1 Radar System aboard U.S. Navy AEGIS cruisers and destroyers while optimizing system performance and readiness. NSWC PHD is the U.S. Navy’s In-Service Engineering Agency (ISEA) for the AN/SPY-1 Radar System.
This contract provides for the continuing development of advanced capabilities for ADEPT, the finalizing of an ADEPT Integrated Logistics Support Plan required for fleet fielding, and the Low Rate Initial Production (LRIP) of ten (10) ADEPT(V)2 units which are half the size and weight of the original ADEPT(V)1 while maintaining the same functionality. The contract follows successful testing and evaluation of ADEPT on one AEGIS cruiser along with testing at the Navy’s AN/SPY-1 Cruiser Modernization Test Facility in Moorestown, NJ. It is expected that the ADEPT equipment will initially be installed on AEGIS cruisers undergoing modernization with introduction into the destroyers to follow. The entire U.S. Navy AEGIS fleet consists of 22 cruisers and 62 destroyers.
“We are very pleased to have earned this contract and believe the ADEPT(R) is a significant contribution to the U.S. Navy’s fleet readiness, reducing maintenance time and simplifying the test procedures for the sailors,” stated Thomas Meaney, President of Mikros.
ADEPT is a registered trademark of Mikros Systems Corporation.
Mikros Systems Corporation is an advanced technology company specializing in the research and development of electronic systems technology primarily for military applications. Classified by the U.S. Department of Defense as a small business, its capabilities include technology management, electronic systems engineering and integration, radar systems engineering, combat/command, control, communications, computers and intelligence systems engineering, and communications engineering. Mikros’ primary business is to pursue and obtain contracts from the Department of Homeland Security, U.S. Navy, and other governmental authorities.
Source: Mikros Systems Corporation
CONTACT: Thomas J. Meaney – (609) 987-1513
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