TODAY'S PAPER
Good Evening
Good Evening
Business

Telephonics president Joseph Battaglia stepping down

Joseph "Joe" Battaglia will step down as president

Joseph "Joe" Battaglia will step down as president of Farmingdale defense contractor Telephonics Corp., the unit's parent company announced on Monday, March 21, 2016. Battaglia, who is retiring Sept. 30, will be succeeded by current chief operating officer Kevin McSweeney. Credit: Kevin P. Coughlin

Joseph “Joe” Battaglia will step down as president of Farmingdale defense contractor Telephonics Corp., the unit’s parent company announced.

Battaglia, who is retiring Sept. 30, will be succeeded by current chief operating officer Kevin McSweeney, who joined the company in 2004.

Telephonics’ parent company, Manhattan-based Griffon Corp., announced Battaglia’s retirement on Monday. He joined Telephonics in 1990 and has served as president for the past 21 years. He will remain with the company as a consultant.

Telephonics makes radar systems, air traffic management systems and devices that identify friendly aircraft to allied forces. It posted revenue of $109 million in the quarter ended Dec. 31 versus $90.7 million in the year-earlier period.

Traditionally focused on the domestic defense market, Telephonics in December increased its stake in a joint venture with India’s Mahindra Defence Systems from 26 percent to 49 percent.

Griffon chief financial officer Brian Harris said in a telephone interview Tuesday that Battaglia guided the growth of Telephonics, which has deep roots in the region.

“He has led the development of the company,” Harris said. “Telephonics has been on Long Island since 1933 and part of Griffon since 1961.”

Griffon also has units that make building and landscaping products and garage doors.

More news