Wireless Telecom Group Contract With the U.S. Navy Increased to $3.0M
PARSIPPANY, NJ, August 30, 2011
Wireless Telecom Group (NYSE Amex: WTT) announced today that its wholly owned subsidiary, Boonton Electronics, has been awarded an increase of $1.5M to its contract with the Department of the U.S. Navy. The total contract is for approximately $3.0M, and a considerable portion of this contract will be fulfilled over the next 12 months.
Boonton’s 4500B RF Peak Power Meter will be utilized by the Department of Defense (DOD) Naval Sea Systems Office personnel in shipboard and shore-based laboratories and by other DOD personnel to calibrate Radio Detecting and Ranging (RADAR) test sets, Tactical Navigation (TACAN) test sets, identification, Friend or Foe (IFF) test sets, and Commercial-off-the-Shelf (COTS) equipment such as RF and microwave signal generators.
Paul Genova, chief executive officer, stated, “We are proud to be a key supplier of the U.S. Department of the Navy and to support their efforts to maintain and develop state-of-the-art communications systems. We continue to receive significant interest in our products for military and aerospace communications and remain focused on capitalizing and expanding all opportunities.”
About Wireless Telecom Group
Wireless Telecom Group is a global designer and manufacturer of RF and microwave-based products for wireless and advanced communications industries. Products and services are marketed worldwide under the Boonton Electronics, Microlab/FXR, and Noisecom brands. Wireless Telecom’s products help telecom carriers and equipment companies, cable companies, cell phone and amplifier manufacturers, radar and avionics firms, base station and in-building systems integrators, and military and aerospace to optimize wireless and communications technologies. These technologies include RF, microwave, WiMAX, WCDMA, LTE, jitter, PIM, DAS, satellite, cable communications, antennas, power-splitters, single point of interface, and high-speed serial communications. Key customers include Erickson, Verizon, AT&T, Rogers, Thales, Boeing, Raytheon, Varian, FAA, the U.S. Navy, and U.S. Air Force. www.wtcom.com