Signal Technology (now STCO)- a classic turnaround Message Board

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Technology Stocks : Signal Technology (now STCO)- a classic turnaround

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Nov 7 9:30 AM EST

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To: Paul Lee who wrote ()	6/23/1999 6:52:00 AM
From: Paul Lee	of 191

Signal Technology Corp., Systems Operation Awarded $3 Million Contract From Raytheon Systems DANVERS, Mass.--(BUSINESS WIRE)--June 23, 1999--Signal Technology Corp. (AMEX:STZ), Wednesday announced that it was awarded a $3 million contract to manufacture 112 x 112 Audio/Video switches for Raytheon Systems, Greenville Division, to be deployed aboard USAF aircraft. "This contract affirms the merits of our strategic thrust into 'state-of-the-art' subsystems for today's market," said George Hreczuck, president of the company's Systems Operation in Webster, Mass. "The award further enhances our excellent manufacturing base from which to further build our business."

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