Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has recently entered into a multi-year follow-on contract with a U.S. DOD prime contractor to produce and test electronic power supply modules for a large, mission-critical U.S. Navy program. The contract calls for a significant increase in production volume from existing levels beginning in 2022. Terms of the contract were not disclosed.
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