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Sypris Receives New Award Under Electronic Warfare Program
June 11, 2025 | BUSINESS WIREEstimated reading time: 1 minute
Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc., announced it has received a follow-on award to support continued production of critical electronic assemblies first announced in 2022. Under the new order, Sypris will manufacture and test electronic assemblies for an additional four systems to be delivered to a U.S. Department of Defense contractor, with deliveries scheduled to begin in 2026. Terms of the award were not disclosed.
The modules to be produced by Sypris will be integrated into an electronic warfare improvement program for the U.S. Navy. According to news sources, the upgrade will provide the capability to actively jam incoming missiles that threaten a warship, cue decoys and adapt quickly to evolving threats. The improvements to the electronic attack portion will provide integrated countermeasures against radio frequency-guided threats, according to the U.S. Navy.
The U.S. Naval Institute reported that the system’s capability for non-kinetic electronic attack options can be further deployed in additional critical areas. From advanced communications to multi-role waveforms, the multi-function applications of the system will provide enhanced mission capabilities to the U.S. Navy Fleet while presenting opportunities for future reductions in cost, size, weight, and power.
“We are pleased to receive this award and to continue our strong partnership with this key customer,” said Mike Sedgwick, Vice President & General Manager of Sypris Electronics. “Our team has supported this critical program for many years, beginning with the Engineering and Manufacturing Development phase, advancing through Low-Rate Initial Production, and now into Full-Rate Production. We are proud to expand our role on this strategic, long-term program in support of the U.S. Navy.”
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Sypris Reports Second Quarter Results
08/12/2025 | BUSINESS WIREThe Company’s second quarter revenue decreased compared to the prior-year quarter primarily due to the near-term impact of tariffs, which reduced demand from certain transportation-related customers and necessitated the conversion of certain shipments from our facility in Mexico to a value-add only sub-maquiladora.
Sypris Wins Awards to Support Subsea Cable Systems
07/29/2025 | BUSINESS WIRESypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc., announced it has secured follow-on contract awards from a leading global provider of subsea cable systems. Under the terms of the agreement,
Sypris Reports Fourth Quarter Results
03/27/2025 | BUSINESS WIREThe Company’s gross profit for the quarter increased 23.1% from the prior-year period, while gross margin expanded 350 basis points.
Sypris Reports Q3 Results; Revenue Up 6.2%
11/19/2024 | Sypris Electronics LLCRevenue for the quarter increased 6.2% year-over-year, driven by a 13.6% increase for Sypris Electronics and a 0.7% increase for Sypris Technologies. Orders were up 6.5% for the quarter and 13.4% year-to-date, reflecting positive growth for both businesses.
Sypris Appoints Curtis S. Petrie as Vice President of Administration
08/08/2024 | Sypris Solutions Inc.Sypris Solutions, Inc. announced the appointment of Curtis S. Petrie, a corporate director of the Company, to the position of Vice President of Administration, effective September 1, 2024.