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News Release DEPARTMENT OF HOMELAND SECURITY
SELECTS AMETEK TO SUPPLY PORTABLE RADIATION DETECTION SYSTEM
High-Resolution System Incorporates Best-Available Identification Technology
Paoli, PA, October 26, 2006 -- The U.S. Department of Homeland Security
(DHS) has awarded a contract to AMETEK (NYSE:AME) for the design,
development and production of a high-resolution portable radiation detection
system. The system will be used by U.S. Customs and Border Protection,
public safety officials and other first responders to screen vehicles and
search public facilities for potentially harmful nuclear materials.
The contract calls for a base year award of $2.4 million for research and
development. As well, the contract contains option years for both research
and development and production. If all option years are exercised by the
government, the total value of the contract will range from approximately $5
million to $50 million over a five year period.
"AMETEK is pleased to be selected as the only high-resolution germanium
supplier for this important program. We believe our system represents the
best technology for quickly, accurately and reliably identifying nuclear
material and determining whether or not it poses a threat," noted AMETEK
Chairman and Chief Executive Officer Frank S. Hermance.
"Our Detective® family of high-resolution radiation detection systems
represents a substantial advance in system performance and significantly
improves the ability to detect potentially harmful radioactive material
without interfering with the normal flow of commerce.
"These systems employ a unique class of high-purity germanium-based gamma
ray detectors that offer the best available combination of resolution and
sensitivity for the rapid, positive identification of nuclear materials.
These detectors can identify nuclear material which can be used in a nuclear
weapon, an improvised nuclear device or a dirty bomb," added Mr. Hermance.
This award from DHS follows a number of recent wins for AMETEK’s radiation
detection systems. In recent months, AMETEK has been awarded contracts
totaling more than $12 million by the US Departments of Defense and Energy
and the UK Ministry of Defence. These include standard handheld Detective
radiation identifiers, a backpack version of the Detective, and a
transportable portal system.
For more information, contact ORTEC Products Group, 801 South Illinois
Avenue, Oak Ridge, TN 37831-0895. Telephone: 865-482-4411, Toll free:
800-251-9750. Fax: 865-483-0396. Website: www.ortec-online.com
AMETEK, Inc., is a leading global manufacturer of electronic instruments and
electromechanical devices with annualized sales of nearly $1.8 billion. |