Telephonics Corporation to Supply Aft Radar for India's P-8i Maritime Patrol Aircraft

FARMINGDALE, N.Y.--(BUSINESS WIRE)-- Telephonics Corporation, a wholly owned subsidiary of Griffon Corporation (NYSE:GFF), announced today that its Radar Systems Division has received a contract from The Boeing Company to supply APS-143C(V)3 Multi-Mode Radar (MMR) for India's P-8i aircraft. The contract includes systems to support (8) P-8i Aft Radar installations integration and support services.

"We are very pleased to have been selected for this important program," said Kevin McSweeney, President of the Radar Systems Division. "We are looking forward to supporting Boeing on this program and to further serving the Indian Defence Force on future programs."

The Telephonics APS-143C(V)3 has become the performance standard in maritime patrol aircraft and multi-mission maritime helicopters. In addition to the aft radar on the P-8i, the APS-143C(V)3 is performing on the USCG HC-144A Maritime Patrol Aircraft, and HU-25D Falcon Jet. The APS-143 is featured on most international S-70 Naval Hawk helicopters and certain NH-90, Super Lynx and other Maritime Helicopters.

About Telephonics

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.

Forward-Looking Statements

"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.


    Source: Telephonics Corporation

Released November 22, 2010