Knocking Down the Bone Pile: Gold Mitigation for Class 2 Electronics
Punching Out: Your Financial Preparation for a Sale
Nolan's Notes: The Next Killer App in Component Manufacturing
Sypris Wins Defense Contract Award
February 24, 2021 | Sypris Electronics LLCEstimated reading time: 1 minute
Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc., announced that it has recently received a follow-on award from a U.S. DoD prime contractor to manufacture and test electronic power supply modules for a mission-critical, long range, precision-guided anti-ship missile system. Production will begin in 2021. Terms of the agreement were not disclosed.
The program is designed to meet the needs of U.S. Navy and Air Force warfighters. The missile system employs precision routing and guidance, day or night in all weather conditions and is designed to detect and destroy specific targets within groups of ships by employing advanced technologies that reduce dependence on intelligence, surveillance and reconnaissance platforms, and GPS navigation in contested environments. The program provides range, survivability and technology that no other current system provides according to news releases.
“This is a follow-on award for a new program that is currently ramping up into production volumes,” said Jim Long, Vice President & General Manager of Sypris Electronics. “Our customer is a worldwide leader in the development and delivery of advanced technologies for the commercial and military electronics markets. Our technical and operational experience in successfully scaling early life cycle products in a collaborative way with our customer were key to this win. We are excited to have this opportunity to expand our relationship with this important customer.”
Share on:
Suggested Items
Kaynes Technology Acquires Canada-Based August Electronics
05/09/2025 | PRNewswireAugust Electronics Inc. is pleased to announce that it has entered into a definitive agreement to be acquired by Kaynes Canada Limited, a wholly owned step-down subsidiary of Kaynes Technology India Limited, a leading Electronics System Design & Manufacturing (ESDM) company. The transaction is expected to close by the end of May 2025, subject to customary regulatory approvals and closing conditions.
LITEON Technology Reports Consolidated April Sales of NT$13.4 Billion Up 27% YoY
05/09/2025 | LITEON TechnologyLITEON Technology reported its April consolidated revenue of NT$13.4 billion. Thanks to the growth from power management in cloud computing, advanced server, and networking, the revenue is up 27% YoY.
Primech AI Plans Production of 300 HYTRON Robots through its China Manufacturing Expansion
05/09/2025 | Globe NewswirePrimech AI Pte. Ltd., a subsidiary of Primech Holdings Limited announced a significant expansion of its manufacturing capabilities through a strategic manufacturing partnership in Guangdong Province, China.
Creative Electron Strengthens Leadership Team with Strategic Appointments in Marketing and SMT Business Unit
05/08/2025 | Creative ElectronCreative Electron, the largest U.S. manufacturer of X-ray inspection systems for the electronics industry, is proud to announce the addition of two seasoned leaders to its executive team: Wagner Lima as Marketing Director and Giancarlo De La Garza as SMT Business Unit Director.
LG Electronics India Limited Begins Construction of Its Third Manufacturing Plant in India
05/08/2025 | BUSINESS WIRELG Electronics India Ltd. (LGEIL) announced the commencement of construction of its new manufacturing facility in Sri City, Andhra Pradesh today at a ceremony graced by the presence of Shri Nara Lokesh, Hon'ble Minister for Information Technology, Electronics and Communications.