Telephonics' Electronic Systems Division Selected by US Customs and Border Protection for $12.8M Contract

Telephonics Corporation, a wholly owned subsidiary of Griffon Corporation GFF, announced today that its Electronic Systems Division has been awarded a contract from the US Customs and Border Protection to supply Mobile Surveillance Capability Systems. The award includes the MSC System and ILS support, and is a firm fixed price contract for $12.8M in the base year and, at the option of CBP, up to four additional years with an estimated incremental value in excess of $45M.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!