ok, i'll play your silly game, what news?
found it
Company Press Release
Raytheon Selects Optelecom, Inc. for Next-Generation Air Traffic Control
System Upgrade
GAITHERSBURG, Md., Oct. 8 /PRNewswire/ -- The Communication Products
Division of Optelecom, Inc. (Nasdaq:OPTC), has received an initial
contract from Raytheon Service Company to supply active optical fiber
systems in support of The Standard Terminal Automation Replacement
System (STARS) program. The value of the contract is estimated at $3
million. The agreement provides estimated delivery schedules through the
year 2006.
The STARS program, a joint Federal Aviation Administration and
Department of Defense effort, will replace systems in Terminal Radar
Approach Control facilities where controllers monitor traffic in the 50
miles of airspace surrounding an airport. The FAA has 172 such sites and
the DOD has 199.
''This contract, combined with our recent awards for European air
traffic control programs, underscores the performance of our technology
and our reputation for product reliability,'' stated David Getchell,
vice president of marketing and sales. ''We expect continued expansion
in this market over the next several years.''
Ed Ludwig, president and CEO of Optelecom, Inc. added, ''Raytheon's team
includes, among others, Hughes Information Systems and Sun Microsystems
Federal Inc. We're pleased to be a part of the FAA's efforts to
standardize air traffic control equipment across the nation.''
Optelecom, Inc. is a leading ISO 9001 certified communications equipment
supplier. The company designs, develops and manufactures innovative
transmission, interface and network communication products.
Optelecom headquarters are located at 9300 Gaither Road, Gaithersburg,
Maryland 20877; telephone 301-840-2121; Web server:
optelecom.com |
