API Technologies Gets $3.4M Order (ATNY, VLTR)
** API Technologies Corp. (Nasdaq:ATNY) reported that it has received a new $3.4 million order to provide high-reliability receiver protectors for use in mobile, target acquisition Active Electronically Scanned Array (AESA) radar.
Online PR News – 18-September-2012 –ATNY, API Technologies Corp.
ATNY reported that it has received a new $3.4 million order to provide high-reliability receiver protectors for use in mobile, target acquisition Active Electronically Scanned Array (AESA) radar. These next generation radar products will be used to support battlefield countermortar (Firefinder) systems. ATNY's RF/Microwave and Microelectronics (RF2M) Division won the contract from a Fortune 100 global defense Original Equipment Manufacturer. Additional follow-on requirements between $3 to $5 million per year are anticipated through 2014. ATNY designs, develops and manufactures electronic systems, subsystems, RF and secure solutions for technically demanding defense, aerospace and commercial applications. More about ATNY at www.apitechnologies.com.
VLTR, Volterra Semiconductor Corporation
VLTR was downgraded from Buy to Neutral by Brokerage Firm Longbow VLTR engages in the design, development, and marketing of analog and mixed-signal power management semiconductors for computing, storage, networking, and consumer markets. More about VLTR at www.volterra.com
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