Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has recently received releases under a new, multi-year production contract that was first announced in February of this year. The order, which provides for Sypris to begin full-rate production beginning in 2022, calls for the manufacture and test of power supplies for an initial five systems to be supplied to a U.S. DOD contractor. Terms of the award were not disclosed.
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