Posted On: 12/29/2016 1:40:17 PM
Post# of 155
Coda Octopus Colmek should have decent revenues to add to the group.
Sept. 21, 2016 – $NOC Northrop Grumman Corporation
The production contracts from the Navy’s PMS-495 are for upgrading 27 AQS-24A mine hunting systems into the more advanced AQS-24B system. The kits contain all the components necessary to upgrade the existing 27 AQS-24A mine hunting systems into the more advanced AQS-24B system. Work is being done in three production lots. The first production lot has now completed delivery. Production lot two will deliver in the fall and production lot three in spring, 2017.
http://news.northropgrumman.com/news/releases...he-us-navy
I'm assuming the first production lot was delivered in Q4
and possible lot two Aug 1,-Oct 31, or maybe Q1 depending
on timing.
Coda Colmek..Today, in 2015, Colmek continues to service and provide upgrades to the AN/AQS-24A Mine Hunting System. Most recently, major improvements have come through the reduction in size and weight of various system components for use on the tow helicopter and multiple technology upgrades in terms of system hardware, recording functionality, software features and reduced component costs.
http://www.colmek.com/articles/anaqs-24-mine-hunting-system/
Northrop field test AN/AQS, 2015
http://www.globenewswire.com/newsarchive/noc/...d=10149180
Then there's the Phalanx Close-In Weapons System CIWS
from Raytheon which Colmek redesigned/upgraded
http://www.colmek.com/articles/phalanx-close-...on-system/
Raytheon gets $287 million for Close-in Weapons System
http://www.upi.com/Business_News/Security-Ind...n&or=1
http://www.raytheon.com/capabilities/products/phalanx/
The Phalanx system also supports Raytheon's Sea Ram 11 round
missile defense system.
http://www.raytheon.com/capabilities/products/searam/
Sept. 21, 2016 – $NOC Northrop Grumman Corporation
The production contracts from the Navy’s PMS-495 are for upgrading 27 AQS-24A mine hunting systems into the more advanced AQS-24B system. The kits contain all the components necessary to upgrade the existing 27 AQS-24A mine hunting systems into the more advanced AQS-24B system. Work is being done in three production lots. The first production lot has now completed delivery. Production lot two will deliver in the fall and production lot three in spring, 2017.
http://news.northropgrumman.com/news/releases...he-us-navy
I'm assuming the first production lot was delivered in Q4
and possible lot two Aug 1,-Oct 31, or maybe Q1 depending
on timing.
Coda Colmek..Today, in 2015, Colmek continues to service and provide upgrades to the AN/AQS-24A Mine Hunting System. Most recently, major improvements have come through the reduction in size and weight of various system components for use on the tow helicopter and multiple technology upgrades in terms of system hardware, recording functionality, software features and reduced component costs.
http://www.colmek.com/articles/anaqs-24-mine-hunting-system/
Northrop field test AN/AQS, 2015
http://www.globenewswire.com/newsarchive/noc/...d=10149180
Then there's the Phalanx Close-In Weapons System CIWS
from Raytheon which Colmek redesigned/upgraded
http://www.colmek.com/articles/phalanx-close-...on-system/
Raytheon gets $287 million for Close-in Weapons System
http://www.upi.com/Business_News/Security-Ind...n&or=1
http://www.raytheon.com/capabilities/products/phalanx/
The Phalanx system also supports Raytheon's Sea Ram 11 round
missile defense system.
http://www.raytheon.com/capabilities/products/searam/
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