Griffon Corp. subsidiary awarded five-year contract by the U.S. Army
Long Island Business News, Sep 25, 2006 by David Reich-Hale
Griffon Corp. said Monday that its Telephonics subsidiary has been awarded a five-year contract by the U.S. Army Aviation and Missile Command.
The contract, which has a potential value of $60 million, is for Telephonics' TruLink wireless intercommunication system.
TruLink is a wireless, hands-free communications system used in high noise military environments.
The company said work on the program will be done at Telephonics facilities in Farmingdale.
Griffon (NYSE: GFF) shares opened Monday at $23.98.
Copyright 2006 Dolan Media Newswires
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