INTRACOM S.A. HOLDINGS
INTRACOM Defense Electronics: Another Contract for F-16 Aircraft Radar Electronic Modules
INTRACOM Defense Electronics was 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 INTRACOM Defense 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 Electronics as 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.
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 INTRACOM Defense 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 Electronics as 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.