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Sensytech, Inc. Receives Contract Awards of $2.7M for Engineering Services and Signal Analysis Equipment
NEWINGTON, Va.--(BUSINESS WIRE)--Feb. 6, 2002--Sensytech, Inc. (Nasdaq:STST - news), today announced that it has recently received contract awards of $2.7 million for the delivery of communications/signal analysis equipment and specialized engineering services.
S. Kent Rockwell, CEO and President of Sensytech, Inc., stated, ``These awards are significant in that our technology is being integrated into new platforms and immediately placed into service. Initial indications from our clients are that our systems are providing exceptional performance and results. These proven systems are well suited to the initiatives and stated results for homeland security and the war on terrorism. We are actively pursuing these new markets and applications, and the recently announced acquisition of a cost-effective production facility by ST Production Systems, Inc., a wholly owned subsidiary of Sensytech, will afford the production capability to meet increased quantity demand. Additionally, this increased demand is now beginning to materialize in select international markets as foreign government priorities focus on similar security issues.'' |
