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.
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.
Contact Rombel at arombel@cnybj.com
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