Technest wins another NVESD contracts

Published 2 April 2007

Company’s relationship with the Night Vision and Electronic Sensors Directorate continues to grow with a new $58 million anti-IED contract

Fresh off two new $4.4 million contracts with the U.S. Army’s Night Vision and Electronic Sensors Directorate (NVESD) to develop sensors used in global demining efforts, Woodbridge, Virginia-based EOIR Technologies (a subsidiary of Technest Holdings) has announced another contract with that agency — this time a $58 million effort to fund two anti-IED technologies. (The Army’s NVESD is one of the more technologically innovative units in the U.S. military, and it has been responsible for numerous key innovations in the fields of optical electronics and thermal imaging.) Details, as in all IED-related matters, are being kept close to the best, but the first is for a Near Term IED Detection System (SAIC will subcontract) and the second is for a Wide Area Surveillance and Improvised Explosive Device Detection System (with support from Northrop Grumman and others.) “These are two exciting contracts for us to be a part of and further establishes our position as a leading contractor for the U.S. military,” said EOIR’s Larry Bramlette.