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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

POSH Bags Shell FLNG Contract

Singapore’s offshore marine services provider PACC Offshore Services Holdings Ltd. (POSH) has been awarded a contract to support Shell’s Prelude floating liquefied

Baltic Index up for Third Straight Session

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday, for a third straight session, on rising demand across all vessel segments.

Asia Tankers-VLCC Rates to Climb Slowly

Around 47 MidEast charters fixed for July loading so far; older tonnage and new vessels a drag on freight rates. Freight rates for very large crude carriers

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | 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: 0.0634 sec (16 req/sec)