API Receives $1.7 M to Provide High Power/Small Signal Amplifiers for EW Systems
API Technologies Corp. (NASDAQ:ATNY) (“API” or the “Company”), a trusted provider of RF/microwave, microelectronics, and security solutions for critical and high-reliability applications, today announced that it has received a new $1.7 million order to provide high power/small signal amplifiers for use in electronic warfare systems. The order was placed by a prime U.S. Department of Defense contractor. Deliveries are expected over the next 12 months with an estimated lifetime revenue potential of $20 million.
No additional information is available due to the secure nature of this program.
UAV Payload & Subsystems Market Forecast 2014-2024
Source : API Technologies Corp.
Nov 25 - 27, 2014 - Doha, Qatar