December 29, 2009 (FinancialWire) — Applied Signal Technology, Inc. (NASDAQ: APSG) (http://www.appsig.com) provides intelligence, surveillance, and reconnaissance solutions for the defense, intelligence, and homeland security markets. It operates in three divisions: Broadband Communication Systems, Intelligence and Electronic Warfare Systems, and Sensor Systems. The Broadband Communication Systems division offers communications intelligence (COMINT) products and services for use in the collection and processing of broadband network activities to enable monitoring and detection of illicit communications and cyber attacks. Its broadband products include voice grade channel processors, software products, and bandwidth compression processing. The Intelligence and Electronic Warfare Systems division provides research and development for the collection and analysis of tactical wireless communications and electronic intelligence. This division’s COMINT products include wideband processors and collection products; and electronic intelligence and electronic support measure products comprise Pegasus family of collection systems. The Sensor Systems division offers sensor signal processing solutions for space-based, airborne, terrestrial, and undersea sensor technologies. Its sensor processing products consist of digital signal processing hardware and software to automatically process the results of physical phenomena sensors to detect abnormalities of interest. This division’s sensor solutions include synthetic aperture sonar, radar, magnetic, and explosive detection products. These systems are designed to detect abnormalities in the marine environment, such as the presence of a submarine, mines tethered to the ocean floor, and terrorist activities. The company’s principal customers comprise the United States Government and defense industry prime contractors for the United States Government. Applied Signal Technology, Inc. was founded in 1984 and is headquartered in Sunnyvale, California.

The company’s current market capitalization is approximately US$ 256.3 million. ASPG’s stock last closed at US$ 19.54 per share.

(Source for company description: Applied Signal Technology, Inc.)

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