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EMS Technologies to Provide Seeker Antenna for DARPA/ U.S. Navy Missile Program

Dépèche transmise le 29 juin 2011 par Business Wire

EMS Technologies to Provide Seeker Antenna for DARPA/ U.S. Navy Missile Program

ATLANTA--(BUSINESS WIRE)--EMS Defense & Space, a division of aero connectivity and mobile resource management leader, EMS Technologies, Inc. (NASDAQ: ELMG), today announced a contract with Lockheed Martin to develop a radio frequency seeker antenna for the U.S. Navy’s Long-Range Anti-Ship Missile (LRASM).

“Our efforts are focused on enhancing the capabilities of the warfighter”

The Defense Advanced Research Projects Agency (DARPA) has selected Lockheed Martin Missiles and Fire Control to complete the design and flight demonstration of two variants — LRASM A and B — of the missile. LRASM-B, the supersonic prototype, will enable very long-range, positive target identification and precision engagement of moving ships in the presence of advanced countermeasures and hostile active defense systems.

“Our efforts are focused on enhancing the capabilities of the warfighter,” said Marion Van Fosson, Vice President and General Manager, EMS Defense & Space. “With the increasing threat from hostile countries, our mission is to help equip the warfighter with the most advanced weaponry possible.”

EMS is scheduled to deliver a prototype of the seeker antenna in Q3 2011. The company was able to leverage its extensive expertise with other high-speed missile programs to win its role on the LRASM-B program. The development of this antenna is a unique extension of EMS Defense & Space’s best-in-class offering of low-profile, highly efficient antennas.

About EMS Technologies

As one of the world’s leading providers of wireless connectivity solutions, EMS Technologies, Inc. keeps people and systems connected — on land, at sea, in the air or in space. EMS offers industry-leading technology to support Aero Connectivity and Global Resource Management markets through a broad range of cutting-edge satellite and terrestrial network products; helping businesses, assets and people stay connected and promoting universal mobility, visibility and intelligence. EMS (NASDAQ: ELMG) serves customers through operations in 12 countries.

www.ems-t.com

EMS Defense & Space, a division of EMS Technologies, Inc., is a leading provider of antenna and beam management systems for a broad range of military and commercial applications, including mobile network-centric operations and radar for battlefield visibility. Utilizing innovative and cutting-edge technology, the division’s products and services enable secure and vital RF links in the air, in space, at sea and on the ground.

www.emsdss.com

Forward-Looking Statements

Statements contained in this press release regarding the Company’s expectations for its financial results for 2011 and the potential for various businesses and products are forward-looking statements. Actual results could differ materially from those statements as a result of a wide variety of factors. Such factors include, but are not limited to economic conditions in the U.S. and abroad and their effect on capital spending in our principal markets; difficulty predicting the timing of receipt of major customer orders, and the effect of customer timing decisions on our results; our successful completion of technological development programs and the effects of technology that

may be developed by, and patent rights that may be held or obtained by, competitors; U.S. defense budget pressures on near-term spending priorities; uncertainties inherent in the process of converting contract awards into firm contractual orders in the future; volatility of foreign currency exchange rates relative to the U.S. dollar and their effect on purchasing power by international customers, and on the cost structure of the our operations outside the U.S., as well as the potential for realizing foreign exchange gains and losses associated with assets and liabilities denominated in foreign currencies; successful resolution of technical problems, proposed scope changes, or proposed funding changes that may be encountered on contracts; changes in our consolidated effective income tax rate caused by the extent to which actual taxable earnings in the U.S., Canada and other taxing jurisdictions may vary from expected taxable earnings, changes in tax laws, and the extent to which deferred tax assets are considered realizable; successful transition of products from development stages to an efficient manufacturing environment; changes in the rates at which our products are returned for repair or replacement under warranty; customer response to new products and services, and general conditions in our target markets (such as logistics and space-based communications) and whether these responses and conditions develop according to our expectations; the increased potential for asset impairment charges as unfavorable economic or financial market conditions or other developments might affect the estimated fair value of one or more of our business units; the success of certain of our customers in marketing our line of high-speed commercial airline communications products as a complementary offering with their own lines of avionics products; the availability of financing for various mobile and high-speed data communications systems; risk that unsettled conditions in the credit markets may make it more difficult for some customers to obtain financing and adversely affect their ability to pay, which in turn could have an adverse impact on our business, operating results and financial condition; development of successful working relationships with local business and government personnel in connection with distribution and manufacture of products in foreign countries; the demand growth for various mobile and high-speed data communications services; our ability to attract and retain qualified senior management and other personnel, particularly those with key technical skills; our ability to effectively integrate our acquired businesses, products or technologies into our existing businesses and products, and the risk that any such acquired businesses, products or technologies do not perform as expected, are subject to undisclosed or unanticipated liabilities, or are otherwise dilutive to our earnings; the potential effects, on cash and results of discontinued operations, of final resolution of potential liabilities under warranties and representations that we made, and obligations assumed by purchasers, in connection with our dispositions of discontinued operations; the availability, capabilities and performance of suppliers of basic materials, electronic components and sophisticated subsystems on which we must rely in order to perform according to contract requirements, or to introduce new products on the desired schedule; uncertainties associated with U.S. export controls and the export license process, which restrict our ability to hold technical discussions with customers, suppliers and internal engineering resources and can reduce our ability to obtain sales from customers outside the U.S. or to perform contracts with the desired level of efficiency or profitability; our ability to maintain compliance with the requirements of the Federal Aviation Administration and the Federal Communications Commission, and with other government regulations affecting our products and their production, service and functioning; and costs associated with a recent announcement by one of shareholders that it intends to nominate four directors to our Board. Further information concerning relevant factors and risks are identified under the caption “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2010.