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ICx Nabs Potential $711 Million Contract For NBC Recon System

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By Calvin Biesecker ICx Technologies [ICXT] has received a potential $711 million contract for the development and production for Increment II of the Joint Nuclear, Biological, Chemical Reconnaissance System (JNBCRS 2) program, by far the largest award in the company's relatively brief history. ICx said the contract begins in the fourth quarter of 2008 with an initial two-year, $20.7 million development effort. ICx went public last November and spent the prior two to three years acquiring a variety of smaller…

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