Argon ST, Inc. Announces Contract Award for Airborne Systems Development and Production; Initial Option Exercised for Approx. $19.7 million.FAIRFAX, Va. -- Argon ST, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :STST), announced today that it has received a contract to provide sensor systems development and production delivery to the United States Government. The award included FY06 base efforts and several options with an approximate value of $30.0 million. Terry Collins, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President of Argon ST, Inc. stated, "We are very pleased that the Government has shown confidence in our ability to provide these highly flexible, modern and low-cost airborne systems. These systems provide the Government increased capabilities while reducing the system size, weight and power envelope." Argon ST designs, develops, and produces systems and sensors for the Command and Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance An activity that synchronizes and integrates the planning and operation of sensors, assets, and processing, exploitation, and dissemination systems in direct support of current and future operations. This is an integrated intelligence and operations function. Also called ISR. (C4ISR) markets including SIGINT Noun 1. SIGINT - intelligence information gathered from communications intelligence or electronics intelligence or telemetry intelligence signals intelligence (signals intelligence), ESM (Electronic Support Measures), EW (Electronic Warfare), imaging, and acoustic systems serving domestic and worldwide markets. |
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