Telephonics Corporation Announces Contract Award from General Dynamics Canadax

FARMINGDALE, N.Y.--(BUSINESS WIRE)--July 5, 2005-- Telephonics to supply the APS-143B(V)3 Multi-Mode Radar and IFF sub-systems for the Canadian Maritime Helicopter Project Telephonics Corporation, a wholly owned subsidiary of the Griffon Corporation (NYSE:GFF) announced today they have received a subcontract award from General Dynamics Canada (GDC) (Ottawa, Ontario) for 31 ship sets of integrated Maritime Surveillance Radar and Mark XIIA Identification Friend or Foe (IFF) interrogator sub-system hardware with options for initial spares and 20 years of in-service support for the Canadian Maritime Helicopter Project (MHP). The subcontract, including all options, could exceed $50 million in value with the first test aircraft system to be delivered in July 2007. General Dynamics Canada is part of the Sikorsky Aircraft-led team selected for the MHP in 2004. Under its MHP contracts, Sikorsky will supply and support 28 of its H-92 helicopters, designated the CH-148 Cyclone by the Canadian Forces. Telephonics will supply its advanced APS-143B(V)3 Multi-Mode Radar with fully integrated IFF for this application. "We are proud to have been selected to supply these critical elements of General Dynamics Canada's Integrated Mission System for the Cyclone", emphasized Mr. Joseph J. Battaglia, President of Telephonics Corporation. "The strong technical capability of General Dynamics Canada combined with the high end performance and reliability of our APS-143B(V)3 radar ensures that the Canadian Forces will receive an operationally superior and cost effective solution for their maritime helicopter mission needs". With its open systems architecture configuration, various versions of the APS-143B(V)3 multi-mode imaging radar are currently deployed on numerous rotary and fixed wing platforms meeting a variety of demanding mission requirements. The internal, fully integrated Mark XIIA IFF interrogator has been designed to be compatible with the IFF interrogators being supplied for the US Navy's MH-60R LAMPS helicopter, the Canadian CP-140 Aurora upgrade program, and the US and International Air Force's AWACS platforms. This program will be managed from Telephonics' facilities in Farmingdale, NY with a portion of the work being performed in Canada as defined in the Industrial Regional Benefit plan included in Telephonics' proposal. Contacts Telephonics Corporation Public Relations Carrie Petrocca, 631-755-7583

Source: Telephonics Corporation
Date: Jul 6, 2005