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.
Global X-Band Radar Market 2016-2020
Your company’s press release on ASDNews and to thousands of other journalists and editors? Use our ASDWire press release distribution service.
Source : API Technologies Corp.
Sep 28 - 30, 2016 - Washington, United States