Argon Announces $8 M for Airborne Systems Production
(Fairfax, Va., February 26, 2009) -- Argon ST, Inc. (NASDAQ:STST), a leading developer of command, control, communications, computers, combat systems, intelligence, surveillance, and reconnaissance (C5ISR) systems, today reported that it has been awarded an $8 million contract to produce additional airborne sensor systems for the United States government."While the information I can discuss associated with this contract is limited, I am pleased to note that this award is strategic to one of our key 2009 objectives, to grow market share in the airborne reconnaissance market," commented Dr. Terry Collins, Chairman and Chief Executive Officer, Argon ST. "During 2008, our airborne team successfully integrated advanced beam forming technology into our Lighthouse and Prism product lines to achieve breakthroughs in system performance for airborne platforms. We believe these accomplishments will be instrumental in creating a strong position for us in future competitions in this market."
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Source : Argon ST Inc.

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