IFRS - had to go back in time for a mention on this one here
Message 12420020
just saw a 350k block go off at the ask.
I'm starting a position in this one.
quick DD -- 30day vol = 28k, 10day avg = 1900, coming off a 52wk low, 4m float, 5.1m in cash, sales 15/shr, book 2.9
nice post by Gary Message 16814575
IFR Systems, Inc. (IFR) is a leader in the design and manufacture of electronic test systems for the communications industry. Founded in Wichita, Kansas in 1968 as supplier of specialized test solutions to the avionics industry, the company quickly established a reputation for testing excellence.
As the company grew in size and scope, IFR began to establish itself domestically and internationally with innovative and proven solutions for radio frequency (RF) test. In 1988, IFR secured a Department of Defense (DoD) contract for development of a test solution for the then new SINCGARS radio systems being deployed to support all US military forces. This contract was a significant milestone in IFR's growth and today we still maintain contracts with the DoD and other defense organizations around the globe.
In 1998, IFR expanded its worldwide presence with the purchase of Marconi Instruments, a name synonymous with wireless communications. With the purchase of Marconi Instruments, IFR now has a true worldwide presence with enhanced distribution channels as well as a new and exciting technology base for future product development.
With expertise in wireless communications systems, IFR provides a wide range of testing solutions for the fastest growing sectors of the communications market. With over 1,200 employees, IFR provides a broad range of test solutions for the R&D, manufacture and maintenance of communication systems worldwide.
IFR is leading the way with new digital wireless solutions for manufacturers, research and development efforts, specialized mobile radio applications for emergency service providers and sophisticated aircraft communication and navigation systems. IFR will continue to build upon our technology resources with a commitment to research and development that will enable us to excel in some of the world's most dynamic and fastest growing markets.
from their site ifrsys.com |
