Argon Announces ISR System Awards Valued at $19 M

(Fairfax, Va., April 3, 2008) -- Argon ST, Inc. (NASDAQ:STST), a leading systems engineering, development and services company providing full-service C5ISR (command, control, communications, computers, combat systems, intelligence, surveillance and reconnaissance) systems and services to a wide range of defense and intelligence customers, announced that it has received funding to execute planned contract options valued at approximately $19 million for Intelligence Surveillance and Reconnaissance (ISR) systems and upgrades.

Kerry Rowe, Chief Operating Officer, Argon ST, said "These follow on awards are a vote of confidence in our system's performance and our ability to successfully execute on time and on budget. We are proud that these long time customers continue to rely on Argon to provide strategic ISR systems to support our nation's strategic military missions."

"These awards demonstrate the continued confidence the nation places on Argon ST," commented Dr. Terry Collins, Chairman and Chief Executive Officer, Argon ST. "The capabilities Argon will provide under these contracts will help our warfighters dominate the asymmetric warfare environment being globally fought today and in the future. It is very rewarding that the name Argon ST has become synonymous with flexible and adaptable architecture specifically designed for technology insertion. We look forward to being able to leverage these strengths into new opportunities."

Source : Argon ST Inc.

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