Boeing-Leonardo Team Selects FLIR Systems EO/IR Surveillance Sensors for US Strategic Command UH-1N Replacement Contract

FLIR Star SAFIRE 380-HDc to Provide U.S. Strategic Command
Surveillance Capabilities on Boeing Helicopters

WILSONVILLE, Ore.–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/MH139?src=hash” target=”_blank”gt;#MH139lt;/agt;–FLIR Systems, Inc. (NASDAQ: FLIR) announced today it has been selected
by Boeing to provide the FLIR Star SAFIRE 380-HDc EO/IR surveillance
sensor for the United States Air Force (USAF) UH-1N replacement
contract. The replacement program will replace the current fleet of USAF
UH-1N helicopters, which support the service’s nuclear intercontinental
ballistic missile bases in Wyoming, Montana and North Dakota. The
aircraft will also be used for training, test and operational support
airlift missions. The initial contract award to FLIR is for the first
four helicopters, with the total contract up to 84 MH-139 helicopters
and valued at more than $40 million to FLIR.

Boeing was awarded a $375.5 million firm-fixed-price contract for the
non-developmental item integration of the four aircrafts to replace the
UH-1N. This was a basic award of a contract (including options) valued
at approximately $2.38 billion, which will provide for the acquisition
and sustainment of up to 84 MH-139 helicopters, training devices, and
associated support equipment. If all options are exercised, the work is
expected to be completed by September 2031.

FLIR has provided the surveillance component for the current UH-1N
helicopters in use by the U.S. Strategic Command since the mid-1990’s.
FLIR has been part of EO/IR surveillance system upgrades on these
aircraft and recently contracted to upgrade a set of aircrafts to the
FLIR Star SAFIRE 380-HDc prior to fielding the new aircraft.

“We are honored to be selected by Boeing as part of this vital national
security mission,” said Jim Cannon, President and CEO at FLIR. “Our
airborne imaging solutions will ensure enhanced surveillance and threat
detection for the U.S. Strategic Command Mission, helping to keep our
airmen and citizens safe.”

The sensors will be manufactured by the FLIR Government and Defense
Business Unit in the company’s Wilsonville, Oregon facility. The
helicopters, derived from the Leonardo commercial AW139, will be
assembled at Leonardo’s Philadelphia plant. Boeing will integrate
military components at its facility in Philadelphia. To learn more about
the FLIR Star SAFIRE 380-HDc, visit: FLIR.com/airborne.

About FLIR Systems

Founded in 1978 and headquartered in Wilsonville, Oregon, FLIR
Systems is a world-leading maker of sensor systems that enhance
perception and heighten awareness, helping to save lives, improve
productivity, and protect the environment. Through its nearly 3,500
employees, FLIR’s vision is to be “The World’s Sixth Sense” by
leveraging thermal imaging and adjacent technologies to provide
innovative, intelligent solutions for security and surveillance,
environmental and condition monitoring, outdoor recreation, machine
vision, navigation, and advanced threat detection. For more information,
please visit www.flir.com
and follow @flir.

Forward-Looking Statements

This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements may contain words such as “anticipates,”
“estimates,” “expects,” “intends,” and “believes” and similar words and
expressions and include the assumptions that underlie such statements.
Such statements are based on current expectations, estimates, and
projections based, in part, on potentially inaccurate assumptions made
by management. These statements are not guarantees of future performance
and involve risks and uncertainties that are difficult to predict.
Therefore, actual outcomes and results may differ materially from what
is expressed or forecasted in such forward-looking statements due to
numerous factors. Such forward-looking statements speak only as of the
date on which they are made and FLIR does not undertake any obligation
to update any forward-looking statement to reflect events or
circumstances after the date of this release, or for changes made to
this document by wire services or Internet service providers.

Contacts

Media Contact
Tim McDowd
503-498-3146
tim.mcdowd@flir.com

Investor Relations
Jay Gentzkow
503-498-3809
shane.harrison@flir.com