KOR Electronics announced that it has received contracts from the government in excess of $12 M in Q4 2010. The awards include major releases against the previously announced USN IDIQ contract that supplies advanced digital jamming systems for the US Navy and Air Force.
The awards also include a significant contract for the final phase of KOR’s development of its next generation digital exciter receivers that will provide advanced capabilities to the warfighter.
Kevin Carnino, KOR Electronics CEO/President, commented, “These awards result from our continuing efforts to work closely with our customers to satisfy their most demanding requirements. 2010 was an exceptional year with strong performance in both our defense and intelligence businesses. KOR remains committed to investing in technology to advance our capabilities while continuing to provide our customers with innovative and cost effective solutions”.
Rich Beeber, KOR Electronics Vice President, Strategy Development, said, “KOR is recognized as a leader in the supply of digital RF memory (DRFM) products that are used for self protection, vulnerability assessment, training and radar environment simulation. This latest development contract grows our footprint and offers a flexible architecture that can be utilized in a variety of customer applications. I want to congratulate the entire team for their efforts in helping secure this contract.”