Signal Technology Awarded Multiple Contracts Worth $10.6 Million from Northrop Grumman.SUNNYVALE, Calif.--(BUSINESS WIRE)--June 11, 1996--Signal Technology Corp. (AMEX AMEX See: American Stock Exchange :STZ STZ Steinbeis-Transferzentrum STZ Streptozotocin ) announced today that it received multiple contracts valued at $10.6 million from Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. . The contracts call for the delivery of various microwave and power supply products that will be used in ALQ-165 Airborne Self-Protection Jammers (ASPJ ASPJ Airborne Self-Protection Jammer ASPJ Advanced Self Protection Jammer ASPJ Airborne/Advanced Self-Protection Jammer ) and ALQ-131 jamming pods. "The ASPJ and ALQ-131 awards represent good business for Signal Technology. Both are established electronic countermeasure systems that provide an opportunity for solid production work with little upfront engineering, reducing risk and increasing our profit potential," said Dale L. Peterson, chairman and chief executive officer of Signal Technology. Signal Technology provides innovative solutions through the design and production of sophisticated, state-of-the-art electronic components and systems for a wide variety of defense, space and communication applications, including communication networks, satellite communications, electronic countermeasures Noun 1. electronic countermeasures - electronic warfare undertaken to prevent or reduce an enemy's effective use of the electromagnetic spectrum ECM , intelligence and guidance systems. Internet address: http://www.sigtech.com CONTACT: Signal Technology Corp., Sunnyvale John P. Rotchford Jr., 408/730-6318 |
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