Aeroflex Announces Multiple Contracts Valued At Over
$10 Million For Microelectronics Modules
PLAINVIEW, N.Y.--(BUSINESS WIRE)--July 31, 1997--
APPLICATIONS FOR SATELLITE TELECOM AND
DATA COMMUNICATIONS
Aeroflex Incorporated, a manufacturer of electronic systems and microelectronic components,
announced today that its subsidiary, Aeroflex Laboratories, Inc. has been awarded multiple
contracts totalling over $10 million from customers including Hughes Electronics, Raytheon, Space
Systems/Loral, SCI Systems, Lockheed Martin and TRW. These contracts, which were
consummated in June 1997, are for microelectronic multi-chip-modules (MCM's) for satellite
telecommunications and data communication processing applications, with deliveries over the next
12-18 months.
``We are extremely pleased to have been awarded these contracts from this important list of
customers,'' said John Buyko, Vice President of Sales and Marketing of Aeroflex. ``These
contracts, in addition to our previously announced supply agreements with Lucent Technologies
and Motorola are further evidence of our customers' confidence in our ability to design,
manufacture and deliver high-performance microelectronic MCMs and interconnect products for
use in a wide variety of communications applications.''
Aeroflex Incorporated (ARX), headquartered in Plainview, Long Island, designs and manufactures
advanced electronics systems and components, including microelectronic circuits and interconnect
products, instrument products and electro-optical devices, for both the commercial and defense
markets. It also designs and manufactures shock and vibration stabilizing systems used for
commercial, industrial and defense applications.
Contact:
Aeroflex Incorporated
Michael Gorin, 516/694-6700 |
