Spectrum Control Awarded $9.1 Million Contract for Complex Microwave Integrated Assemblies
15 9월 2009 - 3:46AM
PR Newswire (US)
FAIRVIEW, Pa., Sept. 14 /PRNewswire-FirstCall/ -- Spectrum Control,
Inc. (NASDAQ:SPEC), a leading designer and manufacturer of custom
electronic products and systems, announced today that its Spectrum
Microwave Business Segment has received a follow-on, multi-year
contract for integrated microwave assemblies used in upgrades of
fielded RCIED (Radio Controlled Improvised Explosive Devices)
Jammer Systems. Specific orders under the contract have already
started to be released, with product shipments expected to commence
in December 2009 and continue through the second quarter of 2011.
Work under this contract will be performed at the Company's
facilities located in Delmar, DE; Philadelphia, PA; and State
College, PA. Dick Southworth, Spectrum Control's President and
Chief Executive Officer, commented, "This award, along with $2.0
million of separate customer orders announced earlier this month,
reinforces our customers' confidence in our design and production
capabilities for complex RF and Microwave products and our
Company's strong commitment to supporting the highly successful
RCIED Jammer Systems." Forward-Looking Information This press
release contains statements that are forward-looking statements
within the meaning of the Private Securities Reform Act of 1995.
These statements are based on current expectations, estimates and
projections about the Company's business based, in part, on
assumptions made by management. These statements are not guarantees
of future performance and involve risks, uncertainties and
assumptions that are difficult to predict. Therefore, actual
outcomes and results may differ materially from what is expressed
or forecasted in such forward-looking statements due to numerous
factors and risks discussed from time to time in the Company's
Securities and Exchange Commission filings and reports. In
addition, such statements could be affected by general industry and
market conditions and growth rates, and general domestic and
international economic conditions. Such forward-looking statements
speak only as of the date on which they are made and the Company
does not undertake any obligation to update any forward-looking
statement to reflect events or circumstances after the date of this
release. About Spectrum Control Spectrum Control, Inc. is a leader
in the design, development and manufacture of high-performance
custom electronic solutions for the defense, aerospace,
communications, and medical industries worldwide. For more
information about Spectrum Control and its products, please visit
the Company's website at http://www.spectrumcontrol.com/.
DATASOURCE: Spectrum Control, Inc. CONTACT: Spectrum Control
Corporate Headquarters, +1-814-474-2207, Fax: +1-814-474-2208;
Investor Relations, John P. Freeman, Senior Vice President and
Chief Financial Officer of Spectrum Control, Inc., +1-814-474-4310
Web Site: http://www.spectrumcontrol.com/
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