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Anaren Receives Contracts in Excess of $11.5 Million

Date : 04/09/2012 @ 11:57AM
Source : GlobeNewswire Inc.
Stock : Anaren, Inc. (MM) (ANEN)
Quote : 27.98  0.0 (0.00%) @ 2:05AM
Anaren, Inc. (MM) share price Chart

Anaren Receives Contracts in Excess of $11.5 Million

Anaren, Inc. (MM) (NASDAQ:ANEN)
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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.

The Anaren, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5360

CONTACT: George Blanton, CFO

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