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Monday,31 May 2010
++INTRACOM Defense Electronics: Another Contract for F-16 Aircraft Radar Electronic Modules ++
Koropi, May 31, 2010 - INTRACOM Defense Electronicswas awarded a $17.9 million frame contract from Northrop Grumman (NYSE: NOC) to manufacture electronic modules for the AN/APG-68(V)9 radar for the F-16 aircraft worldwide. For the materialization of the contract purchase orders of $ 8.8 million have already been placed.
This frame contract of indefinite delivery and indefinite quantity has duration until 2012 and is the expansion of a recently signed contract with Northrop Grumman under which INTRACOMDefense Electronics manufactures F-16 aircraft radar electronic modules.
"The award of this contract demonstrates that international manufacturers, leaders in the defense field, recognize INTRACOM Defense Electronicsas a reliable partner who plays a vital role in providing high-quality airborne electronic systems for the Hellenic MOD and the international market place" stated INTRACOM Defense Electronics' CEO, Mr. George Troullinos.
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