II-VI Incorporated IIVI
today announced an agreement between its subsidiary Exotic Electro-Optics and
Lockheed Martin LMT for two multi-year purchasing agreements. Financial
terms of the agreements were not disclosed.
The first is for Lockheed Martin's F-35 Electro-Optical Targeting Sensor
(EOTS) and the second is for Lockheed Martin's Sniper Advanced Targeting Pod
(ATP). Purchase orders from this agreement will be reflected as bookings based
on the II-VI bookings policy of reporting customer orders received that are
expected to be converted into revenues during the next 12 months.
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