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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 ()	8/16/1999 7:04:00 AM
From: Paul Lee	Read Replies (1) of 191

Signal Technology California Division Awarded $971,000 Raytheon Systems Contract DANVERS, Mass.--(BUSINESS WIRE)--Aug. 16, 1999--Signal Technology Corp. (AMEX:STZ) Monday announced that it has received contracts totaling $971,000 from Raytheon Systems Co. and Raytheon's suppliers to manufacture components for the Patriot Missile System. Signal Technology's California Division in Sunnyvale, Calif., will produce the components, which include isolators, mixers, limiters and limiter/filter assemblies. "We are very pleased to have been selected by Raytheon and its suppliers to provide a wide variety of components and assemblies for this critical system," said Robert Schlaefli, president of Signal Technology's California Operation. "These contracts supplement our current work on the Patriot Missile and our orders this year now total $2.7 million."

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