Farmingdale, New York, United States:
Telephonics Corporation (Telephonics), a wholly owned subsidiary of
Griffon Corporation (NYSE:GFF), announced today that it’s AN/ZPY-4(V)1
multi-mode maritime surveillance radar was selected by Northrop Grumman
Aerospace Systems for use on the US Navy’s MQ-8B Vertical Take-Off and
Landing Tactical Unmanned Aerial Vehicle (VTUAV) as part of the US Navy
Fire Scout radar “Rapid Deployment Capability” program.
For the MQ-8B platform, the radar is configured to uniquely enable the
VTUAV to conduct broad area intelligence, surveillance, and
reconnaissance (ISR) missions from land and surface ships. The radar
will be integrated to enable remote ground or sea-based control by US
Navy operators. In conjunction with the on-board electro-optical sensor,
the radar will markedly increase the VTUAV surveillance area rate
coverage and operator efficiency.
“The integration of the AN/ZPY-4(V)1 multi-mode radar onto the MQ-8B
Fire Scout will bring an all-weather sensor that provides wide area
situational awareness capability to the platform,” said Mr. Kevin
McSweeney, Telephonics’ Chief Operating Officer. “The AN/ZPY-4(V)1 will
provide enhanced ISR benefits to the US Navy while performing sea and
land based unmanned operations.”
Telephonics’ high-technology engineering and manufacturing capabilities
provide integrated information, communication and sensor system
solutions to military and commercial markets worldwide. Telephonics
specializes in aircraft intercommunication systems, wireless
communication systems, radars, identification friend or foe products,
integrated security systems, air traffic management systems, aerospace
electronics, and the performance of threat and radar system analyses.
About Griffon Corporation
Griffon Corporation (the “Company” or “Griffon”), headquartered in New
York, N.Y., is a diversified management and holding company that
conducts business through wholly-owned subsidiaries. The Company
oversees the operations of its subsidiaries, allocates resources among
them and manages their capital structures. The Company provides
direction and assistance to its subsidiaries in connection with
acquisition and growth opportunities as well as in connection with
divestitures. Griffon also seeks out, evaluates and, when appropriate,
will acquire additional businesses that offer potentially attractive
returns on capital to further diversify itself.
“Safe Harbor” Statement under the Private Securities Litigation Reform
Act of 1995: Certain statements other than statements of historical fact
included in this release are forward-looking statements. Such
forward-looking statements are based on the beliefs of the company’s
management, as well as assumptions made by and information currently
available to the company’s management. Actual results could differ
materially from those contemplated by the forward-looking statements.
Information concerning risks and uncertainties that may impact the
company’s results and forward-looking statements are set forth in
Griffon Corporation’s filings with the SEC. The company does not
undertake to release publicly any revisions to these forward-looking
statements to reflect future events or circumstances or to reflect the
occurrence of unanticipated events.
2013 Telephonics Corporation. 815 Broad Hollow Road, Farmingdale, NY
11735. All trademarks, trade names, service marks, and logos referenced
herein belong to their respective companies.
Anthony Gerstein, 646-277-1242
Carrie Petrocca-Aronson, 631-755-7583