Sypris Wins Additional Contracts with Harris Corporation

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Sypris Wins Additional Contracts with Harris Corporation

Mission-Critical Munition Dispensing Systems for US and Foreign Military

TAMPA, Fla.--(BUSINESS WIRE)--Feb. 26, 2018-- Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has recently received multiple contract awards from Harris Corporation (Harris) to manufacture a variety of mission-critical electronic assemblies for a number of Government programs. Terms of the agreements were not disclosed.

The awards from Harris include the production of a variety of electronic assemblies for multiple munition dispensing systems. Awards included systems for the US Navy as well as multiple foreign military programs. Production will begin in 2018.

“This was another important win for Sypris in the DoD sector of our business,” said Jim Long, Vice President & General Manager of Sypris Electronics. “Harris is a leader in this military application and our technical and operational strengths were key to this win. We are honored to have this opportunity to expand our relationship with Harris.”

Sypris Electronics is a trusted provider of electronic solutions, addressing customers’ needs for building complex, mission-critical electronic and electro-mechanical devices and integrated systems. Backed by 50 years of experience, Sypris’ engineering and manufacturing services span our customers’ product life cycle all within a culture of continuous improvement and Six Sigma/Lean thinking. Partners from multiple agencies and tier one companies in Military (DoD), Space, Medical, Civil Avionics, Telecom, and Industrial markets team with Sypris to deliver high-reliability electronics built with strict adherence to regulated requirements. For more information, please visit www.sypriselectronics.com.

Source: Sypris Electronics, LLC

Sypris Electronics, LLC
Lawrence J. Bernicky, 813-972-6040
Vice President of Finance