Anaren Receives Contracts in Excess of $11.5 Million
SYRACUSE, N.Y., April 9, 2012 (GLOBE NEWSWIRE) -- Anaren, Inc. (Nasdaq: ANEN) announced today that it has received three contracts totaling in excess of $11.5 million in follow-on orders for passive ranging subsystems to be deployed in airborne applications. These orders from a Defense OEM customer are related to a continuing long-term supply agreement for both domestic and international applications of Anaren's proprietary electronic warfare technology. Deliveries are expected to be completed over a 26 month timeframe beginning in the first quarter of calendar 2013.
Anaren designs, develops, manufactures and sells highly integrated microwave component assemblies and subsystems for the wireless communications, satellite communications and defense electronics markets.
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