urgentcomm » SMT

New York-M/A-COM impact promises to reverberate throughout industry

Published Tuesday, January 27, 2009

As expected, it looks like the dispute between Tyco Electronics M/A-COM and the state of New York is on the verge of ugliness, as the vendor has filed a notice of its intent to sue the state for backing out of a $2 billion contract and taking at least $50 million out of the company’s letter of credit. In short, the state says M/A-COM’s system doesn’t work, citing multiple failed tests conducted during the past year, the latest one in November. M/A-COM claims the system has no technical deficiencies, but New York “repeatedly hindered” the company’s efforts to ...

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