Department of Defense Funding for EF Johnson’s Subsidiary for U.S. Navy Contracts

3e Technologies International, the subsidiary of EF Johnson Technologies, has received additional incremental funding adding up to $2.4 million for two contracts of the U.S. Navy.

The $1.6 million initial funding increment relates to supply of the virtual perimeter monitoring system (VPMS) to the Navy and is under the $48 million contract announced by 3e Technologies in October 2008. The $.8 million funding related to supply the FIPS 140-2 Validated secure wireless sensor solution to the U.S. Navy and is covered under the $4.8 million contract announced in November 2009 by the company and has four choices that are valued up to $21 million.

Michael Jalbert, EF Johnson Technologies’ CEO and President, informed that EF Johnson is focusing on offering the U.S. armed forces with secure wireless communications systems, and this commitment is proved by the additional funding received. Jalbert added that the company is looking forward to continue its support the Navy by offering them wireless sensor solutions and VPMS for monitoring and assisting in the safeguard of the Navy property and personnel.

Source: http://www.EFJohnsonTechnologies.com