Boeing Selects New York Company as 767 Tanker Supplier
ST. LOUIS, Jan. 03, 2003 -- Boeing [NYSE:BA] has selected Telephonics Corporation, a wholly owned subsidiary of Griffon Corporation [NYSE:GFF], as a member of its nationwide team to provide the 767 Tanker Transport to the U.S. Air Force and customers around the globe.
As part of this team, Telephonics will provide the Audio Intercom System (AIS) for the modern air-refueling aircraft. The AIS is a secure, digital system that provides radio interface and allows flight and mission crews to communicate throughout the aircraft.
The agreement is valued at approximately $5 million. Work on the project will be accomplished at Telephonics facilities in Farmingdale and Huntington, N.Y., with engineering support from the company's Gardena, Calif., facility.
"Telephonics is a strong addition to our pre-eminent team of suppliers for the 767 Tanker Transport program," said Bob Gower, vice president of 767 tanker programs, part of Boeing Integrated Defense Systems. "By adding the capabilities of best-in-industry supplier partners to the unmatched Boeing tanker expertise, we are providing the highest capability, lowest risk and best value for all of our customers."
Commercially launched in February 2001, the 767 Tanker Transport is the right-sized aircraft for tanker missions around the globe and brings the unmatched aerial-refueling expertise of Boeing, which has produced almost 2,000 tanker aircraft and virtually every air-refueling boom ever made.
Selected in three head-to-head competitions, the first 767 Tanker Transport will be delivered to the Italian Air Force in 2005. Telephonics is providing the AIS for the four 767 Tanker Transports being built for Italy.
A unit of The Boeing Company, Boeing Integrated Defense Systems is one of the world's largest space and defense businesses. Headquartered in St. Louis, Boeing Integrated Defense Systems is a $23 billion business. It provides systems solutions to its global military, government and commercial customers. It is a leading provider of intelligence, surveillance and reconnaissance; the world's largest military aircraft manufacturer; the world's largest satellite manufacturer and a leading provider of space-based communications; the primary systems integrator for U.S. missile defense; NASA's largest contractor; and a global leader in launch services.
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03-03
Contact Info:
Jim Bafaro
Boeing
(314) 705-1048
james.l.bafaro@boeing.com
Gina deCesare
Telephonics
(631) 755-7583
decesare@telephonics.com
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