Video Display Corporation and subsidiaries, provides and manufactures video products, components, and systems for visual display and presentation of electronic information media in various requirements and environments.
The company designs, engineers, manufactures, markets, distributes and installs technologically advanced display products and systems, from basic components to turnkey systems, for government, military, aerospace, medical, industrial, and commercial organizations. The company ma...
Video Display Corporation and subsidiaries, provides and manufactures video products, components, and systems for visual display and presentation of electronic information media in various requirements and environments.
The company designs, engineers, manufactures, markets, distributes and installs technologically advanced display products and systems, from basic components to turnkey systems, for government, military, aerospace, medical, industrial, and commercial organizations. The company markets its products worldwide primarily from facilities located in the United States. The company generates revenues from the manufacturing and distribution of displays and display components.
Divisions
The company operates primarily in four divisions: Simulation, Training and Display Products; Cyber Secure Products; Data Display Cathode Ray Tubes (CRTs); and Other Computer Products.
Simulation, Training and Display Products
The company’s Simulation, Training and Display Products operations are conducted in the VDC’s Cocoa, Florida location. Product lines include Dome Aircraft Simulator Display Systems; Multi-Faceted Aircraft Simulator Display Systems; Video Walls for Broadcast and Control Centers; Rugged Video Walls for Combat Information Center (CIC); Rugged Flat Panel Displays and Computers; TEMPEST Products; TEMPEST Services; Projector and Monitor Upgrades; and Projection Screens.
These product lines are used by the military branches, such as the Navy and Air Force and various government agencies, such as the Department of Defense and the Department of Energy. VDC also supplies direct view video walls into both the Command and Control and Broadcast markets.
This portion of the company’s operations involves the design, engineering, and manufacturing of digital projector display units. The company customizes these units for specific applications, including ruggedization for military uses or size reduction due to space limitations in industrial and medical applications.
This portion of the company’s operations targets niche markets where competition from major multinational electronics companies tends to be lower. The prime customers for these products include defense, security, training, and simulation areas of the United States of America (U.S.) and foreign militaries, as well as the major defense contractors, such as the Boeing Company, L-3 Communications Corporation, DRS Laurel Technologies, and others. Flight simulator displays are produced to provide a full range of flight training simulations for military and commercial applications.
Cyber Secure Products
The company acquired the AYON Cyber Security (ACS) division in March 2012. ACS specializes in advanced TEMPEST technology, also known as Emanation Security (EMSEC), products and custom engineering solutions to include extreme environmental performance and survivability technologies (MIL-STD-810 and DO-160) in the support of military forces, intelligence agencies, prime contractors and niche commercial sectors worldwide. ACS has a long history of specializing in TEMPEST technology. In addition to its TEMPEST products and services, the business also provides various contract services to government agencies and prime contractors. Services performed include design and testing solutions for defense and niche commercial uses worldwide.
CRTs and Phosphor Products
The company engages in the distribution and original equipment manufacturers (OEMs) of Cathode Ray Tubes (CRTs) using new and recycled CRT glass bulbs, primarily in the replacement market, for use in data display screens, including computer terminal monitors, medical monitor equipment and various other data display applications and in television sets.
The company’s CRT manufacturing operation of new and recycled CRTs is conducted at a facility located in Lexington, Kentucky (Lexel). The company offers CRTs from other manufacturers at this facility as well.
The company maintains the capability of manufacturing and remanufacturing monochrome CRTs for Flight Simulators and Medical Monitors. In addition, the company’s Lexel operation manufactures highly specialized CRTs called a Direct-View Storage Tubes (DVSTs) for military radar applications. All CRTs manufactured by the company pass rigorous testing and quality requirements. The Medical Monitors are tested in accordance with standards from Underwriters Laboratories. Major customers for the company’s CRT products include GE Healthcare, Leonardo DRS, Richardson Electronics, Flight Safety and many more.
The company also distributes new CRTs and other electronic tubes purchased from OEMs. The company sells CRTs into the replacement market which sometimes takes five to seven years to develop; these purchased inventories sometimes do not sell as quickly as other inventories. Bulk CRT purchases have declined over the past few years as the company is managing current inventory levels against the anticipated reduction in future CRT demand due to the growth of flat panel technology.
The company’s Lexel operation also provides a wide variety of products for the scientific community in the way of phosphor coated substrates. This is an area of potential growth for the company as advances in the scientific community are made and the demand for phosphor coated substrates increase worldwide. These products are used in many applications, including CCD imaging, RHEED/LEED view ports, Digital X-Ray Imaging, Electron Microscopy, Alpha detectors for Neutron generators, and Spectrometry to name a few. Some of the company’s major customers for these products include Bruker, Photonis, and all the U.S. National Laboratories.
Other Computer Products
The company acquired a small keyboard company on October 23, 2017. The company’s long term plans are to use this as a platform to manufacture cyber-secure keyboards as part of the cyber security division.
Customers
The company sells to a variety of domestic and international customers on an open-unsecured account basis. These customers principally operate in the medical, military, industrial and avionics industries. The company had direct and indirect net sales to the U.S. government, primarily the Department of Defense for training and simulation programs that included approximately 51% of consolidated net sales for the year ended February 28, 2023. Sales to foreign customers were approximately 8% of consolidated net sales for the year ended February 28, 2023. The company had two customers, Naval Air Warfare and DRS Laurel Technologies with 14% of the company’s consolidated net sales for the year ended February 28, 2023.
History
Video Display Corporation was founded in 1975.
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