Boeing Contracts Metal Storm To Conduct Weapons Study

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Brisbane, Australia (SPX) Jul 22, 2005
Metal Storm Limited announced Thursday that it has been awarded a contract in the United States from The Boeing Company.

The contract was let to Metal Storm for the purpose of conducting a study to determine capability specifications for a weapon system that will meet unique user requirements. The specific details of the contract remain confidential.

Metal Storm CEO, Mr David Smith said "The Boeing Company's interest in Metal Storm has now been converted into an initial contract, with the potential to secure more significant opportunities. We are very pleased to be able to introduce our technology to one of the Defense Industry's leading players.

"This contract is evidence that Metal Storm's technology has now been positioned to better target the specific requirements of prospective customers.

"It further supports our position that Metal Storm has already moved some way towards our goal of taking the systems we own or are developing and integrate them with other technologies.

"This contract rewards the significant engineering work undertaken recently by Metal Storm which has further readied our technology for commercial application", said David Smith.

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