|
|||
CONTACT: Katherine Heisler
Marketing Communications
Tel: 315.362.0471
ANAREN RECEIVES $31.0 MILLION CONTRACT TO SUPPORT RADAR PRODUCTION
Syracuse, NY – May 30, 2017 | Anaren, Inc. announced today that it has received an order from Raytheon Integrated Defense Systems for $31.5 million for complex RF Beamforming assemblies in support of the U.S. Navy’s new AN/SPY-6(V) Air and Missile Defense Radar (AMDR). Work will begin immediately at Anaren’s East Syracuse, NY facility, with support from its facilities in Salem, NH and Littleton, CO.
This contract is part of the AN/SPY-6(V) Low Rate Initial Production (LRIP) phase of the program, recently awarded to Raytheon. The value to Anaren is approximately $97 million, if all included LRIP options are exercised.
The AN/SPY-6(V) AMDR is the Navy's next generation integrated air and missile defense radar planned for the DDG 51 Flight III Arleigh Burke-class destroyers. Raytheon is the prime contractor on the Navy program, responsible for the design, development, integration, and testing of the new, highly scalable, and energy-efficient advanced radar system for the detection of ballistic missiles and air/surface targets.
“Anaren’s use of unique beamformer design technology and vertically integrated production packaging techniques enables us to deliver high performance, complex RF assemblies critical to the mission requirements for the radar,” said Mark Kosalek, Anaren Vice President of Business Development. “We look forward to a continued partnership with Raytheon on this vital program, as well as any future derivative systems that the U.S. Navy may require for the defense of our warfighters.”
###
ABOUT ANAREN
Celebrating its 50th year in business, Anaren, Inc. designs, manufactures and sells custom high-frequency solutions and standard components for the wireless communications, space and defense electronics, wireless consumer electronics, and IoT markets. Additional information can be found on the company’s website: www.anaren.com
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/fe4e2381-ae81-4606-ad64-ed4eace5ee68
Katherine Heisler Anaren, Inc. 315-362-0471 [email protected]


US Judge Rejects $2.36B Penalty Bid Against Google in Privacy Data Case
Using the Economic Calendar to Reduce Surprise Driven Losses in Forex
Chinalco and Rio Tinto Acquire Controlling Stake in Brazil’s CBA for $903 Million
Hyundai Motor Lets Russia Plant Buyback Option Expire Amid Ongoing Ukraine War
SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz
Boeing Secures New Labor Contract With Former Spirit AeroSystems Employees
Pentagon and Anthropic Clash Over AI Safeguards in National Security Use
Apple Faces Margin Pressure as Memory Chip Prices Surge Amid AI Boom
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race
Disney Board Nears CEO Decision as Josh D’Amaro Emerges as Leading Candidate
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate
Apple Earnings Beat Expectations as iPhone Sales Surge to Four-Year High
Sandisk Stock Soars After Blowout Earnings and AI-Driven Outlook
Saks Global to End Saks on Amazon Partnership Amid Bankruptcy Restructuring
CSPC Pharma and AstraZeneca Forge Multibillion-Dollar Partnership to Develop Long-Acting Peptide Drugs 



