6/3/10

3 Phoenix, Inc. (3Pi) is being awarded a $14,552,213 cost-plus-fixed-fee contract to produce radar data processors for the AN/SPS-74V(2) periscope detection radar for use on Navy aircraft carriers. This contract includes options which, if exercised, would bring the cumulative value of this contract to $29,796,507. Work will be performed in Fairfax, Va. (80 %), and Wake Forest, N.C. (20 %), and is expected to be completed by June 2011.