Tuesday, August 16, 2011

ATK Awarded $109 Million Contract to Develop Joint and Allied Threat Awareness System for U.S. Navy and U.S. Marine Corps Aircraft


ATK - BAE Systems Team to Begin 48-Month Engineering and Manufacturing Development Phase


The JATAS enhances aircraft survivability by providing advanced missile warning capability; aircrew warning of laser-based weapon systems such as range finders, illuminators, and beam riders; and hostile fire indication (HFI) for small arms, rockets, and other unguided threats. It will interface with the existing AN/ALE-47 Countermeasures Dispensing System."BAE Systems is proud to be able to partner with such an exceptional group on this very important program," said Mike Pepin, Vice President of BAE Systems' Survivability & Protection Solutions business area. "We are thrilled by today's announcement and are looking forward to working with ATK for our warfighters."SDG recently launched the LOK-IT Secure Flash Drive® and is quickly becoming a standard for both corporations and government agencies in their efforts to secure portable data.The need for security measures protecting stored data has never been greater but dependence upon software user authentication has made secure drives more complex, inflexible and platform dependent. The number and variety of operating systems used by computers, the proliferation of USB ports embedded in office equipment and the introduction of USB On-The-Go for tablet PCs and smart phones make LOK-IT platform independence uniquely suitable for these new devices and equipment.“Our LOK-IT drives are unique as they are the only FIPS 140-2 Level 3 Certified USB flash drives utilizing hardware user authentication via an onboard 10 Key PIN Pad. This eliminates the reliance upon a keyboard and computer to unlock and use the drive.”An interview with George Wolf on the FOSE exhibit floor can be seen here: FOSE/Wolf interviewJATAS Leverages Experience and Combat-Proven Performance of ATK and BAE Systems Aircraft Survivability SystemsIntegrated Device Technology, Inc., the Analog and Digital Company™, develops system-level solutions that optimize its customers’ applications. IDT uses its market leadership in timing, serial switching and interfaces, and adds analog and system expertise to provide complete application-optimized, mixed-signal solutions for the communications, computing and consumer segments. Headquartered in San Jose, Calif., IDT has design, manufacturing and sales facilities throughout the world. IDT stock is traded on the NASDAQ Global Select Stock Market® under the symbol “IDTI.” Additional information about IDT is accessible at www.IDT.com. Follow IDT on Facebook, LinkedIn, Twitter, and YouTube.“The integration of our ultra-efficient DDX technology and industry-leading timing IP is a perfect example of how IDT brings the analog and digital worlds together to create value,” said Patrick Griffith, senior director of marketing for the Analog and Power Division at IDT. “The integrated programmable PLLs and high-efficiency, high-fidelity audio solve several challenges at once, making the end-product better, smaller, cheaper, and in the consumer’s hands sooner. The ACS42200 extends IDT’s computing audio portfolio, well-positioning IDT to support the transition from notebooks to tablets.”LOK-IT security features include hardware authentication via onboard PIN-Pad utilizing DataLock®, licensed technology from ClevX, LLC (patents pending); 256-bit AES hardware encryption; and physical protection highlighted by waterproof/dustproof IP57 rated anodized aluminum form and internal epoxy coating. With no computer connection required during authentication, LOK-IT is immune to key-logging malware - a security hole with other encrypted flash drives.The ACS42200 family includes a low-power, high-fidelity codec targeted at portable applications such as tablet computers, portable games, personal navigation devices, portable projectors and speaker docks. The device also integrates four programmable system PLLs for internal and external timing, a DDX™ class-D speaker amplifier, a true cap-less headphone amplifier, and advanced built-in audio processing capability for 3D, bass and treble enhancement.

Certain information discussed in this press release constitutes forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Although ATK believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those factors are: assumptions related to the challenges of developing next-generation missile warning technology; changes in governmental spending, budgetary policies and product sourcing strategies; the company's competitive environment; the terms and timing of awards and contracts; and economic conditions. ATK undertakes no obligation to update any forward-looking statements. For further information on factors that could impact ATK, and statements contained herein, please refer to ATK's most recent Annual Report on Form 10-K and any subsequent quarterly reports on Form 10-Q and current reports on Form 8-K filed with the U.S. Securities and Exchange Commission.




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