Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Griffon Corporation    GFF

SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Griffon : Telephonics Successfully Collaborates with Northrop Grumman to Deliver a Mode S Interrogator Upgrade for the UK AWACS Program

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/03/2014 | 05:47pm CEST
Telephonics Successfully Collaborates with Northrop Grumman to Deliver a Mode S Interrogator Upgrade for the UK AWACS Program

FARMINGDALE, NEW YORK, June 3, 2014 - Telephonics Corporation, a wholly owned subsidiary of Griffon Corporation (NYSE: GFF), today announced the conclusion of a successful collaborative effort with Northrop Grumman Corporation to deliver Mode S upgrades to the Telephonics' AN/UPX-40 Identification Friend or Foe (IFF) Interrogator, fielded on the United Kingdom's E-3D Sentry Airborne Warning and Control System (AWACS) fleet based at Royal Air Force Waddington.

The AN/UPX-40, designed and developed by Telephonics under internally funded research and development, is an AIMS certified, All-Mode IFF interrogator that utilizes a common set of core hardware and software modules found in current company IFF technologies, including the AN/UPX-43, 44 and 505.

"Together with our prime contractor, Northrup Grumman, and the Air ISTAR Project team, the E-3D Sentry Mode S integration program was a successful collaborative effort, resulting in the delivery of a mission critical capability," said Joseph J. Battaglia, President and Chief Executive Officer of Telephonics. "This presents a proven, economical and low risk model for future upgrades."

For more information about Telephonics and its IFF interrogator technology, please contact Lisa Ahrens or visit www.telephonics.com .

About Telephonics

Telephonics' high-technology engineering and manufacturing capabilities provide integrated information, communication and sensor system solutions to military and commercial markets worldwide. Telephonics specializes in aircraft intercommunication systems, wireless communication systems, radars, identification friend or foe products, integrated security systems, air traffic management systems, aerospace electronics, and the performance of threat and radar system analyses.

About Griffon Corporation

Griffon Corporation, headquartered in New York, N.Y., is a diversified management and holding company that conducts business through wholly-owned subsidiaries. The Company oversees the operations of its subsidiaries, allocates resources among them and manages their capital structures. The Company provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as in connection with divestitures. Griffon also seeks out, evaluates and, when appropriate, will acquire additional businesses that offer potentially attractive returns on capital to further diversify itself.

Forward-Looking Statements

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Certain statements other than statements of historical fact included in this release are forward-looking statements. Such forward-looking statements are based on the beliefs of the company's management, as well as assumptions made by and information currently available to the company's management. Actual results could differ materially from those contemplated by the forward-looking statements. Information concerning risks and uncertainties that may impact the company's results and forward-looking statements are set forth in Griffon Corporation's filings with the SEC. The company does not undertake to release publicly any revisions to these forward-looking statements to reflect future events or circumstances or to reflect the occurrence of unanticipated events.


distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GRIFFON CORPORATION
06/21 GRIFFON : Systems Engineering Group (SEG) Named a Top Workplace by the Washingto..
06/21 GRIFFON : Telephonics Awarded ARPDD Retrofit Program
06/19 GRIFFON : Systems Engineering Group (SEG) Named A Top Workplace By The Washingto..
06/02 GRIFFON : to Participate at the Deutsche Bank 8th Annual Global Industrials & Ma..
05/31 GRIFFON : to Participate at the Deutsche Bank 8th Annual Global Industrials & Ma..
05/25 GRIFFON : Artemis Racing to Use Telephonics TruLink During 35th America's Cup Ra..
05/24 GRIFFON CORPORATION : ex-dividend day
05/23 GRIFFON : Artemis Racing to Use Telephonics TruLink During 35th America’s ..
05/23 GRIFFON : Artemis Racing to Use Telephonics TruLink During 35th America's Cup Ra..
05/11 GRIFFON CORPORATION : Announces Second Quarter Results
More news
Sector news : Construction Supplies & Fixtures - NEC
01:19p Cyber attack hits property arm of French bank BNP Paribas
11:53a Philips to buy medical device maker Spectranetics for 1.9 billion euros
11:27a Philips to buy medical device maker Spectranetics for 1.9 billion euros
08:35a Factbox - Companies hit by global ransomware attack on June 27
06/20 WOLSELEY : Cost pressure dents Wolseley's U.S. business margins
More sector news : Construction Supplies & Fixtures - NEC
News from SeekingAlpha
06/08 Griffon (GFF) Presents At Deutsche Bank 8th Annual Global Industrials and Mat..
05/04 Griffon's (GFF) CEO Ronald Kramer on Q2 2017 Results - Earnings Call Transcri..
05/04 Griffon declares $0.06 dividend
05/04 Griffon EPS in-line, beats on revenue
02/22 It's Hard To Reconcile Griffon's Valuation With The Fundamentals
Advertisement
Financials ($)
Sales 2017 1 992 M
EBIT 2017 112 M
Net income 2017 40,1 M
Debt 2017 -
Yield 2017 -
P/E ratio 2017 23,86
P/E ratio 2018 21,95
Capi. / Sales 2017 0,52x
Capi. / Sales 2018 0,51x
Capitalization 1 038 M
More Financials
Chart GRIFFON CORPORATION
Duration : Period :
Griffon Corporation Technical Analysis Chart | GFF | US3984331021 | 4-Traders
Full-screen chart
Technical analysis trends GRIFFON CORPORATION
Short TermMid-TermLong Term
TrendsNeutralBearishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 1
Average target price 28,0 $
Spread / Average Target 28%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Ronald J. Kramer Vice Chairman & Chief Executive Officer
Robert F. Mehmel President & Chief Operating Officer
Harvey R. Blau Chairman
Brian G. Harris Chief Financial Officer & Senior Vice President
Henry A. Alpert Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
GRIFFON CORPORATION-15.08%1 038
SAINT-GOBAIN7.47%30 245
ASSA ABLOY AB13.78%23 367
MASCO CORP20.97%12 216
FORTUNE BRANDS HOME & ..22.47%10 072
ASAHI GLASS CO LTD18.97%9 926
More Results