Key Developments For Applied Signal Technology Inc
Applied Signal Technology Inc (APSG.O) (Nasdaq)
Applied Signal Technology, Inc. Acquires Pyxis Engineering
Applied Signal Technology, Inc. announced that it has completed the acquisition of Pyxis Engineering, a privately-held company that specializes in systems engineering, software engineering, application architecture, cloud computing, advanced data operations, enterprise IT infrastructure services, and project management services for the U.S. Department of Defense and Intelligence Community. Pyxis is headquartered in Eldersburg, Maryland. Applied Signal has agreed to acquire Pyxis Engineering for $16,250,000 in cash, funded from current investments, with a stock-based earn-out potential of $3,750,000.
Applied Signal Technology, Inc. Wins $200 Million ISR Contract
Applied Signal Technology, Inc. announced that it has received a five-year, indefinite delivery, indefinite quantity (IDIQ) contract from an undisclosed customer. The contract, which has a total ceiling value of $200 million, will provide a wide range of advanced ISR capabilities and related services to the intelligence community. Under this contract, Applied Signal Technology, Inc. will develop and integrate specialized signal processing equipment as well as assist with system deployment, operations, and maintenance, including advanced signal analysis.
Applied Signal Technology, Inc. Signs CRADA with U.S. Army to Advance Airborne ISR Capabilities
Applied Signal Technology, Inc. announced that it has entered into a Cooperative Research and Development Agreement (CRADA) with the U.S. Army`s Communications-Electronics Research, Development, and Engineering Center (CERDEC). The goal of this research collaboration is to advance airborne intelligence, surveillance, and reconnaissance (ISR) capabilities at both the strategic and tactical level. Under the CRADA, the two parties will exchange technical information and test existing and developmental SIGINT payloads to better understand the performance of airborne SIGINT systems against signals-of-interest. This collaboration will also explore ways to advance signal processing algorithms and airborne SIGINT capabilities that quickly adapt to current and emerging missions and threats across the globe.
Applied Signal Technology, Inc. Issues FY 2009 EBIT Outlook Below Analysts' Estimates-Conference Call
Applied Signal Technology, Inc. announced that for fiscal 2009, it expects operating income to be at the higher end of 6% to 9% range. The Company reported EBIT of $12.79 million in fiscal 2008. According to Reuters Estimates, analysts were expecting the Company to report EBIT of $16 million for fiscal 2009.
Applied Signal Technology, Inc. Announces Contract Option To Develop Enhanced Neutron Interrogation System For Vehicle Borne Explosives
Applied Signal Technology, Inc. announced that it has been awarded a contract option by the U.S. Government, to provide an enhanced system for the detection and identification of vehicle-borne improvised explosive devices (VBIEDs) based on its neu-VISION neutron interrogation technology.
