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ALOFTS

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AcronymDefinition
ALOFTSActive Low Frequency Towed SONAR


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NEW YORK -- EDO Corporation (NYSE: EDO) has received a contract from the Israeli Navy to purchase its advanced-technology ALOFTS undersea-warfare sensor.
In addition to the lower professional services sales, margins were reduced by the previously disclosed cost growth of $6 million related to the ALOFTS sonar project and an aircraft data-link development project.
The company also won a competition to provide its advanced-technology ALOFTS undersea-warfare sensor to an international customer.
 
 
 
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