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API Wins $3.2 Million Value Contracts from Raytheon Space and Northrop Grumman

Jun 10 2010

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API Technologies Corp. (OTC Bulletin Board: ATNY), a prime contractor in engineered systems, components and secure communications to the global defense and aerospace industries, announced that it has recently won $3.2 million in contracts with Raytheon Space and Airborne Systems and Northrop Grumman Electronic Systems. 

Carl Sax, API's Executive Vice President and General Manager, Defense & Systems, made the announcement during a press conference on Friday, June 4 at Showcase for Commerce 2010.

The Showcase for Commerce is a national defense contracting exhibition and symposium held annually in Johnstown, Pennsylvania. Now in its 20th year, the event serves as a forum for local companies to connect with major defense and prime contractors for subcontracting and partnering opportunities.

At the press conference, Steve Pudles, API's Chief Executive Officer, also announced an expansion of API's Defense and Systems capabilities at its Pennsylvania facility. The expansion will result in the addition of approximately 75 new jobs to the Johnstown region.

Source:

http://www.apitech.com/

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