Argon Nabs $30M Navy Deal

Argon ST Inc., developer of command, control, communications, computers, combat systems, intelligence, surveillance, and reconnaissance (C5ISR) systems, has announced that it has received a contract modification to complete the sixth phase of a multi-year full rate production contract to provide Ship’s Signal Exploitation Equipment (SSEE) Increment E sensor systems to the US Navy.

SSEE is the most modern and extensive communications intelligence system that is deployed on US Navy surface ships. This modification immediately exercises an option with an approximate value of $30.4 million and authorizes the procurement of systems for fiscal year 2009.

“The SSEE program has been a long term contract for Argon,” said Terry Collins, chairman and chief executive officer for Argon ST. “We started this project almost eight years ago as a research and development contract and as we have successfully met benchmarks, we have progressed through conceptual capability, development, capability enhancements and continuous production. We are very proud that the technology and systems we have developed will provide our operational forces with the most modern capabilities in the world.”

Joe Carlin, vice president of Information Dominance at Argon said, “The Argon/US Navy partnership that this option extends continues to provide our operational forces with the most modern capability in the world. We are proud the US Navy continues to trust Argon for the solution to one of its critical mission needs.”

For more information, visit: www.argonst.com