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ANEN Anaren, Inc. (MM)

27.98
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Anaren, Inc. (MM) NASDAQ:ANEN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 27.98 0 01:00:00

Anaren Receives $6 Million Lockheed Martin Contract for Radar Detection Subassemblies

19/06/2006 9:00pm

PR Newswire (US)


Anaren, Inc. (MM) (NASDAQ:ANEN)
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SYRACUSE, N.Y., June 19 /PRNewswire-FirstCall/ -- Anaren, Inc. (NASDAQ:ANEN) has received a $6 million award from Lockheed Martin (NYSE:LMT) for electronic subassemblies that will help U.S. Navy helicopters detect and identify enemy radar. (Photo: http://www.newscom.com/cgi-bin/prnh/20021022/NYTU197LOGO ) Designed to process radar signals detected by a receiver, Anaren's Passive Ranging Subsystem is a major component of the AN/ALQ-210 Electronic Support Measures (ESM) system, a sophisticated device carried aboard military helicopters and fixed wing aircraft to warn of possible threats. Lockheed Martin manufactures the ESM system at its Systems Integration facility in Owego, NY. Anaren will deliver 31 Passive Ranging Subsystems to Lockheed Martin starting in April 2007. Lockheed Martin will integrate the finished ESM systems -- along with the cockpit and other mission electronics -- aboard the Navy's next-generation MH-60R submarine hunting and surface warfare helicopter. "Anaren is proud to support naval aviation, and help protect the men and women who fly our military's most sophisticated aircraft," said Lawrence A. Sala, CEO and President of Anaren, Inc. Lockheed Martin delivered the first new production MH-60R helicopter to the Navy on March 31. The Navy is expected to buy 254 MH-60R aircraft through 2015. Anaren designs, develops, manufactures and sells highly integrated microwave component assemblies and subsystems for the wireless communications, satellite communications and defense electronics markets. http://www.newscom.com/cgi-bin/prnh/20021022/NYTU197LOGODATASOURCE: Anaren, Inc. CONTACT: Lawrence A. Sala, President/CEO, or Joseph E. Porcello, VP Finance, both for Anaren, Inc., +1-315-432-8909 Web site: http://www.anaren.com/

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