DeWITT — Anaren, Inc. (NASDAQ: ANEN) announced today that it has received orders of more than $9 million for components and assemblies for a ground-based radar application.
Deliveries are expected to be completed over a 12-month period, beginning in the first three months of 2014, the DeWitt–based company said in a news release. Anaren didn’t name the customer placing the orders.
John Hoeschele, marketing communications and government relations manager at Anaren, says the orders are a “follow on” to an existing contract. He adds that no new hiring will be needed “at this time” to fill the orders.
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Anaren designs, develops, manufactures, and sells microwave component assemblies and subsystems for the wireless communications, satellite communications, and defense-electronics markets.
Anaren reported net income of $3.4 million during its fiscal fourth quarter ending June 30, up 15 percent from the $2.9 million it earned in the year-ago period.
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