Telephonics Corporation wins contract for the advanced APS-143 Radar System for Sikorsky’s S-70B Helicopter for the Republic of Singapore Navy
2/28/2006 - Telephonics Corporation, a wholly owned subsidiary of the Griffon Corporation (NYSE: GFF), announced today they have received a contract award for their APS-143 Maritime Surveillance Radar. These radar systems are for the Republic of Singapore Navy (RSN).
Variants of the high performance APS-143 radar system were also selected by the U.S. Coast Guard for the Integrated Deepwater System program earlier this year and represent the most advanced maritime surveillance radar capability available today. The multi-mode radar systems that will be delivered to Sikorsky Aircraft Corporation are for installation on the Sikorsky S-70B Naval Helicopter and will be a major contributor to the enhancement of the RSN’s mission of defending
Work on this program will be performed at the Telephonics facilities in
A subsidiary of Griffon Corporation (NYSE: GFF), Telephonics' (www.telephonics.com) broad based, high-tech engineering capabilities provide integrated information and communication systems solutions to both domestic and international markets. The company is organized into two operating divisions: Communications Systems, specializing in aircraft intercommunications, mass transit communications, wireless and audio products; and Command Systems, specializing in traffic management systems, maritime surveillance radar and aerospace electronics; and one wholly-owned subsidiary, TLSI. Operating under the Telephonics umbrella, TLSI (www.tlsi.com) manufactures application-specific integrated circuits (ASIC) for the telecommunications, automotive and industrial security markets.
About Griffon Corporation
In addition to developing and manufacturing information and communication systems for government and commercial markets worldwide, Griffon Corporation is also a 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 ofthe company with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to the operations, results of op
|Carrie Petrocca, Senior Manager of Public Relations, 631-755-7583|