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EDO Corp. Awarded $9.6 Million U.S. Navy Contract for Production of Shallow Water Influence Minesweeping System



;NEW YORK---EDO Corp. Tuesday announced that it has been awarded a $9.6 million contract by the Department of the Navy for production of a Shallow Water Influence Minesweeping System (SWIMS).
;Deliveries will commence in 2000 and extend through 2001. The contract will be performed at EDO's Marine and Aircraft Systems facility located in North Amityville, N.Y.
;This SWIMS system will provide the Navy with a new minesweeping system capable of operating in the shallow water/amphibious assault environment. It also emphasizes tactical mobility, operational speed, and system flexibility.
;Frank A. Fariello, chairman and chief executive officer of EDO, stated: "EDO has been in the forefront of airborne mine countermeasures systems for over 30 years. The requirement for SWIMS resulted from naval operations during the Gulf War. EDO initially expended internal research and development funds to prove the feasibility of SWIMS. This was followed by U.S. Navy funding for full scale development and at sea test and evaluation.
;"The introduction of SWIMS in the U.S. Navy is a significant milestone in EDO's strategic plan to market a domestic and international integrated organic system which can be towed from smaller helicopters, such as the U.S. H60 and the international EH-101," Fariello added.


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EDO Corp. Awarded $9.6 Million U.S. Navy Contract for Production of Shallow Water Influence Minesweeping System