Business Wire › January 30, 1996
Linked as:Extract
Datron Systems announces RSS order cancellation resulting in restatement of second quarter fiscal 1996 earnings; reports third quarter fiscal 1996 earnings; signs two distribution agreements for its DBS TV reception systems; and signs licensing agreement with DirecTV.
ESCONDIDO, Calif.--(BUSINESS WIRE)--Jan. 30, 1996--Datron Systems Incorporated (Nasdaq:DTSI) today announced it has canceled an $8.8 million order for a remote sensing satellite (RSS) image processing facility. This order, which was previously announced in July 1995, was intended for installation in the Middle East. Datron's customer, who is acting as prime contractor for a larger project that includes th...
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