EDO Corporation announces receipt of $2 million NATO command and control contract.COLLEGE POINT, N.Y.--(BUSINESS WIRE)--Sept. 25, 1995--EDO Corporation (NYSE NYSE See: New York Stock Exchange :EDO Edo: see Tokyo, Japan. ) today announced that its Defense and Space Systems Division (DSD) received a contract valued at approximately $2 million issued on behalf of all NATO NATO: see North Atlantic Treaty Organization. NATO in full North Atlantic Treaty Organization International military alliance created to defend western Europe against a possible Soviet invasion. nations by the Royal Norwegian Air Force Material Command. The contract is the first in a series of NATO Air Defense Ground Environment (NADGE NADGE NATO Air Defense Ground Environment ) command center upgrades for selected NATO countries to be exercised as options over the next several years. Under the contract, EDO DSD's Combat Systems business unit, based in Chesapeake, Va., will manufacture the Data Handling and Display Subsystem (DHDS DHDS Digital History Data System ) of NATO-wide Ship-Shore-Ship Buffer (SSSB SSSB Small Solar-System Body (International Astronomical Union Resolution 5A) SSSB Society for the Study of Social Biology SSSB Ship Shore Ship Buffer SSSB Super Smash Brothers Brawl (game) ) command, control and communications (C3) system. The SSSB DHDS will upgrade the C3 capabilities of three NATO Air Defense Ground Environment (NADGE) command centers in Norway with state-of-the-art software systems, commercial workstations, and communications systems. The first deliveries in Norway are scheduled to be completed in 1996 and 1997. Frank A. Fariello, president and chief executive officer of EDO Corp., stated: "This NATO contract, the first for our Combat Systems business unit, underscores our strong commitment to the continued growth of our international command-and-control business. We are honored to be part of the Norwegian and NATO command-and-control teams. We will continue to aggressively pursue additional NATO business opportunities and apply the full breadth of our advanced technology to building business in this new and exciting market." Principally a designer and manufacturer of advanced electronic, acoustic aerodynamic and hydrodynamic hy·dro·dy·nam·ic also hy·dro·dy·nam·i·cal adj. 1. Of or relating to hydrodynamics. 2. Of, relating to, or operated by the force of liquid in motion. equipment for military applications and marine and aviation markets, EDO had been pursuing the application of its sophisticated and diverse defense related technologies to civilian and commercial markets with particular emphasis on the natural gas vehicle marketplace. CONTACT: Kehoe, White, Savage & Co., Inc. Van Negris 212/888-1616 |
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