Argon ST Announces Contract Extension for Ship's Signal Exploitation Equipment (SSEE) Increment E Sensor Systems

FAIRFAX, Va.--(BUSINESS WIRE)--Argon ST, Inc. (NASDAQ:STST), announced today that it has received a contract extension for the fourth phase of a multi-year full rate production contract to provide SSEE Increment E sensor systems to the United States Government. SSEE is the most modern and extensive communications intelligence system that is deployed on U.S. Navy surface ships. This extension immediately exercises an option with an approximate value of $43 million to authorize the procurement of systems for FY07.

Terry Collins, CEO of Argon ST, Inc. stated, "Our SSEE Inc E systems have been very well received by the U.S. operational forces and have performed well in their initial deployments. We look forward to continued production of additional systems that will be providing our forces this important capability."

Source : Argon ST, Inc