Griffon Corp (GFF) Subsidiary Telephonics Receives $17M Follow-On Order From Lockheed (LMT) for AN/APS-147 Support
Telephonics Corporation, a wholly owned subsidiary of Griffon Corporation (NYSE: GFF), announced today that its Radar Systems Division received a requirements contract from Lockheed Martin for support of the AN/APS-147 Multi-Mode Radar (MMR) and Identification Friend or Foe (IFF) Interrogator System installed on the U.S. Navy’s MH-60R Maritime Strike Helicopters. The Indefinite Delivery, Indefinite Quantity contract provides for repair of radar components at firm fixed prices over a five year period. The contract has an estimated value of $17 million.
The principal mission of the MH-60R multi-mission helicopter is to protect the fleet from submarines and surface vessels and provide a maritime strike capability. The radar affords the helicopter long-range search, imaging, and tracking capabilities for surface vessels and includes an advanced periscope detection mode. The IFF identifies cooperative targets in the area of operations and enables rapid sorting and prioritization of targets of interest.
“Telephonics is dedicated to the support and sustainment of these radar systems for the U.S. Navy’s Maritime Strike squadrons. This contract will ensure high mission capable rates and optimum combat readiness for the U.S. Navy’s MH-60R fleet,” said Joseph Battaglia, President of Telephonics.
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