Espey Mfg. & Electronics Corp. (NYSE MKT: ESP) has been awarded a contract from General Dynamics C4 Systems, Scottsdale, AZ., for the development of 3 power electronics components used in the U.S. Army Range Radar Replacement Program (RRRP). General Dynamics is the prime contractor for the RRRP program, developing modernized range instrumentation to replace radar systems currently operating at U.S. Army test ranges at White Sands Test Center, N.M.; Yuma Test Center, Ariz.; Aberdeen Test Center, Md.; and Redstone Test Center, Ala.
The contract is valued at over $750,000. Espey's primary business is the development, design, and production of specialized military and industrial power supplies/electronic equipment.
Source: Espey Mfg. & Electronics Corp.
Date: Jan 28, 2015