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Keysight Awarded NATO FORACS Contract to Enhance Operational Readiness

1. Keysight Technologies awarded NATO contract for radar and electronic warfare upgrades. 2. The contract enhances testing capabilities for NATO's naval radar systems.

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$143.0804/28 11:17 AM EDTEvent Start
$144.5504/29 06:03 PM EDTLatest Updated
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FAQ

Why Bullish?

This contract aligns with KEYS's growth in defense technology, similar to previous defense contracts that positively impacted share prices.

How important is it?

The contract positions KEYS favorably in the defense sector, likely influencing investor sentiment and stock valuation.

Why Long Term?

The long-term relationship with NATO can lead to further contracts, supporting KEYS's sustained growth trajectory akin to past defense industry trends.

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SANTA ROSA, Calif.--(BUSINESS WIRE)---- $KEYS #ESM--Keysight Technologies, Inc. (NYSE: KEYS) has been awarded a contract with NATO's Naval Forces Sensor and Weapons Accuracy Check Sites (FORACS) to modernize its testing capabilities for critical radar and electronic support measures (ESM) systems. Under this agreement, Keysight will deliver Radar Target Generator and Electronic Warfare testing (EW) solutions to be deployed at NATO Navy bases, enabling the calibration and maintenance of NATO radar systems and.

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