This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Goodrich Signs Agreement With SYPAQ To Represent DB-110 Surveillance System In Australia

CHARLOTTE, N.C., July 10, 2012 /PRNewswire/ -- Goodrich Corporation's (NYSE: GR) ISR Systems team in Westford, Mass. has signed an agreement with SYPAQ Systems Pty. Ltd., based in Melbourne, Australia to represent and provide program management for the Goodrich DB-110 reconnaissance system.

This agreement allows Goodrich to offer direct local representation in Australia and New Zealand.  This is the second agreement for Goodrich and SYPAQ, adding the DB-110 surveillance system offering to the Goodrich intelligence exploitation system agreement already in place.

Andrew Chrostowski, general manager of Goodrich's ISR Systems team said, "We now have the team in place to offer a full reconnaissance system with complete local resources in Australia and New Zealand."

George Vicino, SYPAQ's managing director commented, "Culminating two years of close collaboration, this agreement marks a significant milestone in the relationship between SYPAQ and Goodrich, and we look forward to our joint success in the region."

The DB-110 system comprises an airborne pod containing a long-range, dual-band EO/IR imaging sensor, and fixed and mobile intelligence exploitation systems.  The day/night sensor is suitable for use on fast-jets, large UAVs and business jets.  Ten countries worldwide have already selected the DB-110 for operation, and it has been used very successfully for operations in Afghanistan and Libya.

Goodrich Corporation, a Fortune 500 company, is a global supplier of systems and services to the aerospace and defense industries.  With one of the most strategically diversified portfolios of products in the industry, Goodrich serves a global customer base with significant worldwide manufacturing and service facilities.  For more information visit http://www.goodrich.com.

SYPAQ Systems Pty Ltd is an Australian owned company operating in the Australian and Asia-Pacific aerospace and defense sectors.  SYPAQ provides its customers and program partners with proven technology solutions combined with SYPAQ's extensive experience in consulting, integration and support.  For more information visit http://www.sypaq.com.au.

SOURCE Goodrich Corporation; GR - Electronic Systems

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs