Multi-million Dollar Revenues Expected from CBPS-M3, Designed to Provide Contamination Free, Environmentally Controlled Working Area for Medical, Combat Services and Combat Service Support Personnel
SMITHS Detection, part of the global engineering business Smiths Group, today announced its Military unit has been awarded a contract to build Chemical Biological Protective Shelters, Model 3 (CBPS-M3) for the U.S. Department of Defense. CBPS-M3 is a highly mobile, self contained collective protection system that provides a contamination free, environmentally controlled working area for medical, combat services, and combat service support personnel to work freely without continuously wearing chemical-biological protective clothing.
An initial contract has been received from U.S. Army TACOM Life Cycle Management Command Rock Island, valued at more than $10 million, that includes delivery of 21 systems, along with an initial test program. Annual revenue expectations are around $25 million for Smiths Detection dependant on Department of Defense budget approvals, with additional revenue expected for global defence markets. Over the 5-year contract period, the program has a contract ceiling of $333 million.
"These Chemical Biological Protective Shelters are unique systems integrating multiple levels of chemical-biological security in order to protect and equip committed U.S. troops, said Stephen Phipson, Group Managing Director of Smiths Detection. "The CBPS program represents a large-scale U.S. military opportunity that adds significantly to Smiths Detection's expansion into integrated systems that combine sensors and technologies."