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Homeland Security

ICx Nabs Potential $711M Contract for NBC Recon System

DDN

Wednesday, October 15th, 2008

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ICx Technologies [ICXT] won a potential $711 million contract for the development and production for Increment II of the Defense Department's Joint Nuclear, Biological, Chemical Reconnaissance System (JNBCRS 2) program, by far the largest award in the company's relatively brief history. ICx says the contract begins in the fourth quarter of 2008 with an initial two-year, $20.1 million development effort. ICx went public last November and spent the prior two to three years acquiring a variety of smaller companies in…

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