Sypris wins multi-year U.S. Navy contract to supply data-recording systems

TAMPA, Fla., 15 Sept. 2009. Sypris Electronics LLC, a subsidiary of Sypris Solutions Inc., won a contract from the Navy's Space and Naval Warfare Systems Center Atlantic for its Model 101e data recording systems. The three-year contract has a ceiling of approximately $10.5 million if all options are exercised. The award is in support of the Navy's Tactical Mobile Acoustic Support Systems (TacMASS) Anti-Submarine Warfare Analysis System.