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Article: Signal Technology Awarded Gripen Follow-On Contracts; Company's Defense Group Wins Multiple Awards for Electronic Warfare Super Components and Subsystems.
- Article from:
- Business Wire
- Article date:
- August 14, 2002
CopyrightCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
DANVERS, Mass.--(BUSINESS WIRE)--Aug. 14, 2002
Signal Technology Corporation (Nasdaq: STCO) today announced that its Defense Group has won multiple contract awards for multi-function super components and subsystems from a major international contractor. The awards, valued in excess of $1.5 million, are in support of the EWS 39 integrated electronic warfare (EW) system being deployed on the JAS 39 Gripen multi-role fighter aircraft. Signal Technology will manufacture the state-of-the-art electronics at its Arizona and California divisions, with deliveries extending through 2003.
"These contracts follow the Company's successful ...