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 ()	1/11/1999 7:07:00 AM
From: Paul Lee	Read Replies (1) of 191

interesting, little big talk Signal Technology Keltec Division Awarded $500,000 High-Voltage Power Supply Contract DANVERS, Mass.--(BUSINESS WIRE)--Jan. 11, 1999--Signal Technology Corp. (AMEX:STZ) Monday announced that it has received a $500,000 contract to develop next-generation, high-voltage power supplies for multimode radar systems used on fighter and surveillance aircraft. Signal Technology's Keltec Division, in Fort Walton Beach, Fla., will complete the design, development and quality testing of the products over the next year. The company estimates follow-on production awards over the next six years to reach $12 million. "This win will help to ensure Keltec's continued leadership position on multimode radar platforms, as well as reinforce our long-term focus and commitment to the military market," said Keltec Division President John Cotumaccio.

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