Visiteur non identifié - Connexion - Inscrivez-vous
Telephonics Corporation, a wholly owned subsidiary of the Griffon
Corporation (NYSE:GFF) announced today the receipt of multiple
contract awards from the Boeing Company for production of the
Communications Open Systems Architecture (COSA) Integrated Radio
Management System (IRMS) for the USAF C-17A Globemaster III transport
aircraft.
The contracts, valued in excess of $32 million, are in support of
both new production C-17 aircraft as well as the upgrade of existing
C-17's to the new open architecture system. The production program
quantity of 22 aircraft supports USAF and international C-17
customers. The upgrade program provides 15 kits in support of the
planned upgrade of 124 aircraft over the next 5 years.
Senator Hillary Rodham Clinton (D-NY) recognized the award and
stated: "I am very pleased that Boeing has decided to utilize the
expertise of the Telephonics Corporation to produce their C-17 Open
Architecture Communication Systems. These contracts are testament to
the extraordinary engineering and manufacturing skills of New York's
local workforce and I am so pleased that Boeing chose to partner with
Telephonics and recognized the innovative technology that is being
developed right here in New York and playing a key role in our
national defense".
This communications management system provides C-17 aircrews with
secure fully digital audio, integrated displays and controls for
management of all communication and navigation assets. The COSA IRMS
system has been proven to greatly enhance the mission capability for
the C-17. "The C-17 continues to be the centerpiece of the USAF's
airlift capability. We are pleased to have the opportunity to continue
the fleet upgrade as well as expand the use of the C-17 to our
international partners", stated Phil Nicholas, President of the
Telephonics Communication Systems Division.
Telephonics is the world leader in the design and production of
secure digital communications management and intercommunication
systems for military aircraft for the U.S. Department of Defense and
numerous international customers.
Work on the project will be accomplished at Telephonics facilities
and in Farmingdale, NY, Huntington, NY and Gardena CA.
About Telephonics
"A subsidiary of Griffon Corporation (NYSE: GFF), Telephonics'
broad-based, advanced, high-technology engineering and manufacturing
capabilities provide integrated information, communication, and sensor
system solutions to military and commercial markets worldwide. The
company is organized into four operating divisions: Communications
Systems, specializing in aircraft intercommunication systems,
ruggedized wireless communication systems, and commercial audio
products; Radar Systems, specializing in airborne maritime
surveillance radar, weather and search radar, and advanced
identification friend or foe products; Electronic Systems specializing
in aerospace electronics, air traffic management systems and Homeland
Security products; and the Systems Engineering Group specializing in
the performance of threat and radar system analyses and other support
engineering functions for the Department of Defense, the Missile
Defense Agency, and various other Government agencies and major prime
contractors."
About Griffon Corporation
In addition to developing and manufacturing information and
communication systems for government and commercial markets worldwide,
Griffon Corporation is also an international leader in the development
and production of embossed and laminated specialty plastic films used
in the baby diaper, feminine napkin, adult incontinent, surgical and
patient care markets. Griffon Corporation is also a leading
manufacturer and marketer of residential, commercial and industrial
garage doors sold to professional installing dealers and major home
center retail chains. Through a substantial network of operations
located throughout the country, Griffon's building products company,
also installs and services specialty building products, primarily
garage doors, openers, fireplaces and cabinets for new construction
markets.
Forward Looking Statements
``Safe Harbor'' Statement under the Private Securities Litigation
Reform Act of 1995: All statements other than statements of historical
fact included in this release, including without limitation statements
regarding the company's financial position, business strategy and the
plans and objectives of the company's management for future
operations, are forward-looking statements. When used in this release,
words such as ``anticipate,'' ``believe,'' ``estimate,'' ``expect,''
``intend,'' and similar expressions, as they relate to the company or
its management, identify forward-looking statements. Such
forward-looking statements are based on the beliefs of the company's
management, as well as assumptions made by and information currently
available to the company's management. Actual results could differ
materially from those contemplated by the forward-looking statements
as a result of certain factors, including but not limited to, business
and economic conditions, competitive factors and pricing pressures,
capacity and supply constraints. Such statements reflect the views of
the company with respect to future events and are subject to these and
other risks, uncertainties and assumptions relating to the operations,
results of operations, growth strategy and liquidity of the company.
Readers are cautioned not to place undue reliance on these
forward-looking statements. The company does not undertake to release
publicly any revisions to these forward-looking statements to reflect
future events or circumstances or to reflect the occurrence of
unanticipated events.
(C) 2007 Telephonics Corporation. 815 Broad Hollow Road,
Farmingdale, NY 11735. All trademarks, trade names, service marks, and
logos referenced herein belong to their respective companies.
Sélectionnez votre lecteur de news préféré ci-dessous :
Ou bien intégrez le flux XML dans votre agrégateur RSS par défaut : 
