Griffon Corp

Stock Symbols
NYSE
:
GFF
company headquarters
USA
ISSUES

A US management and holding company. Its subsidiary Telephonics Corporation provides mobile surveillance vehicles for the US-Mexico border.

Griffon Corporation is headquartered in New York, NY. One of its subsidiaries Telephonics Corporations, based in Farmington, NY,  provides intelligence, surveillance, and communication products and services for defense, aerospace and commercial customers. Telephonics’ revenue was 27 percent of Griffon’s consolidated revenue in 2017 and 29 percent in both 2016 and 2015.

Telephonics Corporation has provided  the U.S. Customs and Border Protection (CBP) with Mobile Surveillance Capability (MSC) vehicles, which are equipped with surveillance sensors and the software to integrate the data received. They have been used to detect and track border crossings on the U.S.-Mexico border. Two such vehicles were in use on the border in 2015. In 2016, Telephonics was awarded another contract for $13.5 million for more systems. Between 2010 and 2018, Griffon was awarded a total of $16 million from CBP for surveillance vehicles.

This profile was last updated on
4 October 2018