Griffon's Telephonics Unit Awarded Two Contracts

Tuesday, October 09, 2007
According to an AP report, Griffon Corp. said the company's electronic information and communication systems unit won a $42m spare parts contract from Lockheed Martin and an $11.2m award from SRCTec Inc. Lockheed Martin Systems Integration awarded the spares contract, which is valued at more than $42m, to the radar systems division of Griffon's Telephonics Corp. The new contract includes the delivery of spare components for a multimode radar system to support the U.S. Navy's MH-60R "Sea Hawk" helicopters. The contract, which modifies a previously awarded $318m multiyear production deal, brings the total contract value to more than $361m. SRCTec Inc., a high-tech manufacturer owned by not-for-profit Syracuse Research Corp., has also awarded Telephonics $11.2m for work on products to counter improvised explosive devices. The award includes options for additional systems. Syracuse Research Corp. is a nonprofit research and development company that focuses on defense, environment, and intelligence. [Source: AP]
Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Total CEO Killed in Moscow Runway Accident

Private jet collided with snow plow during takeoff; Total's CEO a defender of Moscow policies. Insiders Boisseau and Pouyanne long seen as potential successors.

Offshore Oil: Lamprell Completes Caspian Sea Drilling Unit

UAE-based Lamprell said that it completed construction of the second Caspian Sea jackup drilling rig, Mercury, for service in the Caspian Sea.   "I am delighted

Salamander Energy Updates on SONA Transaction

Salamander Energy said it has submitted a draft shareholder circular to the Financial Conduct Authority in relation to previously stated plans to divest of an interest in the Greater Bualuang Area.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Port Authority Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0979 sec (10 req/sec)