Sources say Applied Signal Technology (APSG) has hired advisors (BAC) to explore a sale that...

|About: Applied Signal Technolo... (APSG)|By:, SA News Editor

Sources say Applied Signal Technology (APSG) has hired advisors (BAC) to explore a sale that could see interest from Raytheon (RTN), Northrop Grumman (NOC), Boeing (BA), L-3 Communications (LLL) and Lockheed Martin (LMT). APSG's technology is used by the government to intercept cellphone, microwave and military communication signals. APSG +3% premarket.