Espey Receives $14.5M in New Orders

Espey Mfg. and Electronics Corp.

has recently received a significant series of orders that total approximately $14.5 million. These orders are for follow on business to existing programs that the Company has been a part of for several years. Shipments under these orders are expected to take place over the next 36 months. The total sales order backlog is approximately $44.0 million as of December 13, 2010 compared to $31.8 on September 30, 2010.