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VDC Awarded $2.2M Follow on Contract for Ruggedized Thin Client Displays (TCD’s) for US Navy


November 14, 2022

Video Display Corporation (OTC:VIDE), a world-class supplier of rugged display products and systems, simulation solutions, displays and display components, as well as TEMPEST products and services today announced the award of a follow on contract with a Major Prime Contractor worth over $2.2M to deliver production Ruggedized Thin Client Displays (TCD’s) for use by the US Navy.

The contract is a follow on to the initial $900k contract awarded in July, 2022. Ron Ordway, CEO of Video Display Corp, commented, “This new order for our rugged group, totaling in excess of $2.2M, was received from the same major defense contractor and is used on various US Navy programs. All production for these displays will be done in our Cocoa, FL facility and deliveries are projected
throughout 2023.”

The ruggedized industrial and military displays are also complemented by other rugged electronics such as computers, servers, keyboards, trackballs and mice. VDC can customize products or design and build from scratch for special needs and applications to the industrial and military standards for shock, vibration, EMI, altitude, and others. All products are built and controlled under VDC’s certified ISO 9001:2015 Quality Control System in VDC’s corporate owned facility located in Cocoa, FL.

This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In addition, from time to time, Video Display Corporation or its representatives have made or may make forward-looking statements, orally or in writing. Such forward-looking statements may be included in, but are not limited to, various filings made by the Company with the Securities and Exchange Commission, press releases or oral statements made with the approval of an authorized executive officer of the Company. Actual results could differ materially from those projected or suggested in any forward-looking statements as a result of a wide variety of factors and conditions, including items discussed in the Company’s Form 10-K for the year ended February 28, 2022, filed with the Securities and Exchange Commission. The Company undertakes no duty to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.

 

Contact:
Video Display Corporation, Atlanta
Ronald D. Ordway, 770-938-2080