TMCnet News

Argon ST Received $49.7 Million Contract From Navy (STST)
[September 17, 2009]

Argon ST Received $49.7 Million Contract From Navy (STST)


Sep 17, 2009 (SmarTrend(R) News Watch via COMTEX) -- 9/17/2009 - Argon ST Inc. (NASDAQ:STST) said Thursday it has received a $49.7 million contract for support of Navy sensor systems. Under the terms, the deal calls for research, development and analysis to produce communications, computers, surveillance and reconnaissance systems in support of electro-optical, radio frequency, acoustic sensors and special sensor systems. The deal is expected to be completed over the next three years with initial funding of about $5.4 million.

Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html

[ Back To TMCnet.com's Homepage ]