Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

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

Mes dernières consult.
Most popular
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
06/03/2014 | 05:47pm CET
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
12/15 GRIFFON : Financial Statements and Exhibits (form 8-K/A)
11/28 GRIFFON CORPORATION : ex-dividend day
11/21 GRIFFON CORPORATION (NYSE : GFF) Files An 8-K Entry into a Material Definitive A..
11/21 GRIFFON CORP : Entry into a Material Definitive Agreement, Other Events, Financi..
11/20 GRIFFON : Management's Discussion and Analysis of Financial Condition and Result..
11/20 BERRY GLOBAL : Announces Agreement to Acquire the Clopay Plastic Products Compan..
11/18 BERRY GLOBAL : to acquire Griffon subsidiary for $475M
11/16 BERRY GLOBAL : announces $475 million acquisition
11/16 GRIFFON CORPORATION (NYSE : GFF) Files An 8-K Results of Operations and Financia..
11/16 GRIFFON CORP : Results of Operations and Financial Condition, Financial Statemen..
More news
News from SeekingAlpha
11/22 102 Dividend Growth Stocks Going Ex-Dividend Next Week
11/16 Griffon's (GFF) CEO Ron Kramer on Q4 2017 Results - Earnings Call Transcript
11/16 Griffon beats by $0.01, beats on revenue
11/16 Berry Global Group to acquire the Clopay Plastic Products Company from Griffo..
11/16 Griffon to offload Clopay Plastic Products
Financials ($)
Sales 2018 1 847 M
EBIT 2018 103 M
Net income 2018 26,1 M
Debt 2018 -
Yield 2018 -
P/E ratio 2018 33,58
P/E ratio 2019 23,71
Capi. / Sales 2018 0,52x
Capi. / Sales 2019 0,49x
Capitalization 951 M
Duration : Period :
Griffon Corporation Technical Analysis Chart | GFF | US3984331021 | 4-Traders
Technical analysis trends GRIFFON CORPORATION
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 1
Average target price 28,0 $
Spread / Average Target 39%
EPS Revisions
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
Sector and Competitors
1st jan.Capitalization (M$)
SAINT-GOBAIN5.89%30 562
ASSA ABLOY AB0.12%20 794
MASCO CORP32.89%13 309
ASAHI GLASS CO LTD489.20%9 792