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Mikros Systems Corp. (MKRS.OB) Awarded $570,000 Contract, Anticipates Additional Major Contracts In 09

QualityStocks (October 12th, 2009) Writes:

Mikros Systems Corporation issued a press release Friday disclosing the details of a 6-month, $570,000 contract awarded by Technology Service Corporation (TSC) to support the U.S. Navy’s Above Water Radar Group. Mikros is also expecting the award of an Indefinite-Delivery, Indefinite-Quantity (IDIQ) contract for its ADEPT system by the end of 09.

Mikros is a technology company specializing in adaptive engineering and advanced electronic systems. Classified by the Department of Defense as a small business, they focus mainly on obtaining Department of Homeland Security, Navy and other governmental contracts. TSC, whose base of operations is Silver Spring, MD, handles service and engineering in a support role to various U.S. Government programs, including the Navy’s Aegis System.

President of Mikros, Tom Meaney, explained that the synergistic integration of his company’s electronic systems and distance support expertise, with TSC’s vast experience in sensor engineering, would lead to success. Mikros will handle

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