TTM Technologies Aerospace & Defense Sector Awarded Contract from the U.S. Army for AN/UPR-4(V) PDRS
30 Agosto 2023 - 3:05PM
TTM Technologies, Inc. (NASDAQ: TTMI) (“TTM”), a leading global
manufacturer of technology solutions including mission systems,
radio frequency (“RF”) components, RF microwave/microelectronic
assemblies and printed circuit boards (“PCB”s) has received a
multi-year AN/UPR-4(V) Passive Detection & Reporting System
(“PDRS”) award from the U.S. Army to support their Air Missile
Defense Planning and Control System (“ADMPCS”) and Integrated
Battle Command System (“IBCS”). TTM has received the initial $14.7M
order, with the total contract valued at $86.7M over five years.
The system meets all Department of Defense, FAA,
and Eurocontrol regulations to reduce 1030 MHz/1090 MHz radio
frequency transmissions and interrogation rates in air traffic and
military domains.
“TTM continues to be a global leader in the
design and development of cutting-edge IFF technologies, and we are
proud to be supporting the U.S. Army Integrated Fires Mission
Command (“IFMC”) Project Office,” says Jeff Jankowsky, President,
C4ISR & Space Business Unit.
For more information, please contact:
TTM Technologies, Inc.TTM InvestorsSameer
Desai,Vice President, Corporate Development & Investor
Relationssameer.desai@ttmtech.com 714-327-3050
Press InquiriesAerospace & Defense Sector – Marketing &
CommunicationsTTMA&DCommunications@ttmtech.com
About TTM
TTM Technologies, Inc. is a leading global manufacturer of
technology solutions including mission systems, RF components/RF
microwave/microelectronic assemblies, quick-turn and
technologically advanced PCBs. TTM stands for time-to-market,
representing how TTM's time-critical, one-stop manufacturing
services enable customers to shorten the time required to develop
new products and bring them to market. Additional information can
be found at www.ttm.com.
Forward-Looking StatementsThis
release contains forward-looking statements that relate to future
events or performance. TTM cautions you that such statements are
simply predictions and actual events or results may differ
materially. These statements reflect TTM’s current expectations,
and TTM does not undertake to update or revise these forward
looking statements, even if experience or future changes make it
clear that any projected results expressed or implied in this or
other TTM statements will not be realized. Further, these
statements involve risks and uncertainties, many of which are
beyond TTM’s control, which could cause actual results to differ
materially from the forward-looking statements. These risks and
uncertainties include, but are not limited to, the impact of
COVID-19, general market and economic conditions, including
interest rates, currency exchange rates and consumer spending,
demand for TTM’s products, market pressures on prices of TTM’s
products, warranty claims, changes in product mix, contemplated
significant capital expenditures and related financing
requirements, TTM’s dependence upon a small number of customers and
other factors set forth in the “Risk Factors” and “Management’s
Discussion and Analysis of Financial Condition and Results of
Operations” sections of TTM’s public reports filed with the
SEC.
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