Precision Optics announces product development agreement

Precision Optics (POCI) Corporation announced the receipt of a product development order to design and build a next generation borescope system to be used to inspect the inside of jet engines from a large aerospace and defense company. The initial $678,000 development order was received following an extensive assessment by the customer including an onsite supplier evaluation day where POC was evaluated against three other potential supplier finalists. “We are extremely pleased to have been awarded this important order for a high-end borescope used in jet engine inspection,” commented Joe Forkey, CEO of Precision Optics. “This win represents another strong validation of the growing opportunities we are seeing across the Defense and Aerospace sectors. Our ability to deliver the entire image train-from advanced optical design to precision mechanical engineering and fully integrated electronic systems-continues to differentiate us in a market that demands uncompromising performance and reliability.”