Andrew Receives Strategic MilSatCom Development Contract From L-3 Communications--Narda Satellite Networks.
The award is the first for Andrew's new military satellite communications (MilSatCom) product line. This L-3 Narda Satellite Networks exclusive lightweight 3.9 meter unit, contained in transit cases required for repeated tactical deployments, also will be one of the first 3.9 meter segmented flyaway antenna subsystems operating in quad band (C, Ku, Ka, and X) frequencies.
"We are honored to win this important contract, our first in the MilSatCom area," said Jude Panetta, group president, Satellite Communications, Andrew Corporation. "We look forward to leveraging Andrew's reputation for quality and responsiveness in supporting L-3 Narda Satellite Networks and many other customers in this growing market segment."
"Andrew Corporation is a great and strategic addition to the L-3 NSN team as we pursue new opportunities in the tactical niche market," said John Mega, president and chief operating officer of the L-3 Communications Microwave Group. "In combining our technical expertise, we are in an excellent position to provide a specific solution to the Satellite Communications community with the introduction of this tactical lightweight transit cased medium aperture antenna."
Andrew's Satellite Communications Group provides a complete line of antennas from 43 centimeters to 11.5 meters for all enterprise, government, and consumer satellite communication applications. Andrew-designed and -built products--which cover C, Ku, K, X, and the emerging Ka band--include type approved earth station antenna hubs and gateways for broadband and broadcast, VSAT broadband antennas for consumer and enterprise customers, DBS antennas for home satellite broadcast systems, and complete installation and testing services.
About Andrew Corporation
Andrew Corporation (NASDAQ:ANDW) designs, manufactures, and delivers innovative and essential equipment and solutions for the global communications infrastructure market. The company serves operators and equipment manufacturers from facilities in 35 countries. Andrew (www.andrew.com), headquartered in Westchester, IL, is an S&P 500 company founded in 1937.
Forward Looking Statements
Some of the statements in this news release are forward looking statements and we caution our stockholders and others that these statements involve certain risks and uncertainties. Factors that may cause actual results to differ from expected results include fluctuations in commodity costs, the company's ability to integrate acquisitions and to realize the anticipated synergies and cost savings, the effects of competitive products and pricing, economic and political conditions that may impact customers' ability to fund purchases of our products and services, the company's ability to achieve the cost savings anticipated from cost reduction programs, fluctuations in foreign currency exchange rates, the timing of cash payments and receipts, end use demands for wireless communication services, the loss of one or more significant customers, and other business factors. Investors should also review other risks and uncertainties discussed in company documents filed with the Securities and Exchange Commission.
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|Comment:||Andrew Receives Strategic MilSatCom Development Contract From L-3 Communications--Narda Satellite Networks.|
|Article Type:||Company overview|
|Date:||May 1, 2006|
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