Wescam Message Board - Msg: 17229745

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Technology Stocks : Wescam

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To: John E.Quinn who started this subject	3/21/2002 5:32:33 PM
From: John E.Quinn	Read Replies (1) of 3

Wescam Inc - News Release Wescam awarded $13-million in U.S. government contracts Wescam Inc WSC Shares issued 18,949,126 Mar 19 2002 close $5.600 Wednesday Mar 20 2002 News Release Mr. Rick Ziemski reports WESCAM AWARDED C$13 MILLION IN GOVERNMENT SYSTEMS ORDERS Wescam has been awarded two government orders for a combined value of approximately $13-million (Canadian). The company received a follow-on order from Lockheed Martin for additional MX-20 multisensor systems for the U.S. Navy P-3C upgrade program. In addition, Wescam was awarded a classified program in the United States that calls for MX family sensor systems. The systems will be delivered in fiscal 2002 and 2003. "We are very pleased our customers continue to place their confidence in Wescam's MX family of sensor systems," said Mark Chamberlain, president and chief executive officer. "Wescam is now seeing the first orders following the significantly higher bid and proposal activity over the past several months," he added.

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