Wednesday, June 12, 2013

LRAD Corp. (LRAD) Awarded Contract from United States Navy for LRAD® Systems Valued at $12.2 Million

LRAD, the eminent supplier of long range acoustic hailing devices (AHDs) worldwide, announced that the United States Navy’s Naval Surface Warfare Center, in Crane, Indiana, has awarded a $12.2 million firm-fixed-price, multi-year, indefinite-delivery/indefinite-quantity contract for small, medium, and large LRAD AHDs. LRAD won this contract over two other companies in a competitive bidding process. United States Navy contract funds in the amount of $1,988,785 will be obligated at time of award.

“We are pleased to be awarded this contract and to continue our working relationship with the United States Navy,” remarked Tom Brown, president and CEO of LRAD Corporation. “LRAD systems and support equipment will be used to support large and small deck naval surface ships, submarines, security boats and shore security operations in anti-terrorism/force protection missions. Having received competitively bid multi-year contracts from the United States Navy in 2007 and 2010, this new award continues to demonstrate that LRAD Corporation is the world’s leading manufacturer of acoustic hailing devices.”

The deadly attack on the USS Cole over twelve years ago spurred the development of the company’s proprietary LRAD systems. Presently, LRAD systems are deployed in over 60 nations across the globe, including United States and international naval forces, as well as other military organizations.

LRAD systems have proven highly effective in anti-terrorism/force protection missions at distances up to 3,500 meters. The systems function by broadcasting powerful deterrent tones and live or pre-recorded multi-language warning, commands and instructions with unprecedented clarity and range. LRAD systems function to create standoff zones, unequivocally determine intent, resolve uncertain situations peacefully, and save lives on both sides of the Long Range Acoustic Device through clear communication over large distances.

For further information, please visit www.lradx.com

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