Wednesday, October 19, 2011

Northstar Electronics Provides Company Update, Including $6M in Current Contracts

Northstar Electronics, Inc. (OTCBB:NEIK) is providing a company update to shareholders in regards to active and outstanding business for Q4, 2011 and early 2012. The Company currently has contracts with two divisions of Lockheed Martin, one for parts for the P3 aircraft refurbishment and the other for submarine console fabrication. As well, the Company has a contract with L-3 MAPPS to fabricate consoles for the Canadian Frigate Upgrade Program. The total value of the contracts is approximately US$6 m...continued
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