Chris-
Looks like BWSI is doing better- either that or their new PR firm is simply more verbose. I guess a combination of the two- but this still looks good. Still, the stock has not budged in response to this announcement, which was made before the open today.
biz.yahoo.com
Raytheon Places $1.25M Production Order with Blue Wave Systems for Ruggedized DSP
Engines
CARROLLTON, Texas--(BUSINESS WIRE)--June 14, 1999--Raytheon Systems Company has entered its fourth year of
production with the U.S. Army to provide the Army's tactical air defense radar, Sentinel. As a strategic provider to Raytheon of Commercial-Off-The-Shelf (COTS) VME
products, Blue Wave Systems (Nasdaq/NMS:BWSI - news) has received from Raytheon a booking for COTS Quad C40 DSP Engines, for first half FY2000 delivery. This
fourth-phase order is approximately $1.25M for Blue Wave.
The Sentinel radar provides three-dimensional acquisition, tracking and engagement data on airborne battle field targets. Blue Wave is providing each radar with two DSP
engines, which are based on Texas Instruments' SMJ320C40 Digital Signal Processor (DSP). The high performance and scalability of this board makes it ideally suited for
demanding military applications, as well as for many general-purpose applications. This versatile and scaleable DSP board for VMEbus is a conduction cooled, single-slot,
6U board that provides the power of four C40 digital signal processors. It is designed to be fully compliant with military IEEE (Institute of Electrical and Electronic Engineers)
specifications 1101.2; the system requires no external cooling, a critical requirement for compact, high-performance computing systems in harsh environments.
....
Raytheon's latest contract delivers 24 additional radars, and there exists a potential for several million dollars in future orders. |
