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Espey secures $29.5 million Navy contract for submarine panels
Dec 23, 2024•over 1 year ago
Contract Type
contract
Saratoga SpringsManufacturing
Description
Espey Manufacturing & Electronics Corp has successfully secured a $29.5 million contract with the Navy for the production of submarine panels. The contract will further strengthen the company's position in the defense sector.
Company Information
Company
Espey Mfg. & Electronics
Location
Saratoga Springs, New York, United States
About
Espey Mfg. & Electronics Corp. is primarily focused on the development, design, and production of specialized military and industrial power supplies/transformers. The company has recently declared a 14% increase in the regular quarterly dividend.
Predictive Intelligence
Strategic
ML-powered predictions for Espey Mfg. & Electronics's next move