Communications & Power Industries Awarded Approximately $12 Million in Follow-On Orders in Fiscal 2008 From General Dynamics to Support U.S. Army's WIN-T Satellite Communications Program
PALO ALTO, Calif., May 27, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Communications & Power Industries, Inc. (CPI) has been awarded approximately $12 million in follow-on orders from General Dynamics SATCOM Technologies in fiscal 2008 to support Increment One of the U.S. Army's Warfighter Information Network Tactical (WIN-T) program. In 2007, General Dynamics selected CPI to supply Ku-band, high-power satellite communications (satcom) amplifiers for its specialized satcom earth terminals for the WIN-T program.
In April, CPI was awarded approximately $8.6 million to provide additional Ku-band amplifiers to support the WIN-T program. CPI has previously received approximately $3.3 million in awards from General Dynamics in fiscal 2008 to support the WIN-T program and estimates that the program could have a total potential value of more than $50 million to CPI over a period of four years. CPI, a subsidiary of CPI International, Inc. (Nasdaq: CPII), is a leading provider of microwave, radio frequency, power and control solutions for critical defense, communications, medical, scientific and other applications.
Under the most recent follow-on award, CPI will provide General Dynamics with Ku-band traveling-wave tube amplifiers for use in approximately 200 General Dynamics Satellite Transportable Terminals (STTs). Each STT will be outfitted with multiple CPI Ku-band amplifiers that combine a high-efficiency helix traveling-wave tube with a compact, lightweight "outdoor" amplifier. Work on this contract will be performed at CPI's Microwave Power Products Division and Satcom Division.
"The WIN-T program enables warfighters to rapidly establish reliable and secure communications while in the field, addressing a critical need for today's soldiers," said Joe Caldarelli, chief executive officer of CPI. "The WIN-T program is an important program for CPI, establishing our credentials in, and illustrating our commitment to, the emerging military satellite communications market. CPI's amplifier for this program has successfully passed extensive environmental and performance qualification tests in the STT. We have delivered more than 150 amplifiers for the WIN-T program to date, and we expect to ramp up production further in the second half of fiscal 2008."
About CPI International, Inc.
CPI International, Inc., headquartered in Palo Alto, California, is the parent company of Communications & Power Industries, Inc., a leading provider of microwave, radio frequency, power and control solutions for critical defense, communications, medical, scientific and other applications. Communications & Power Industries, Inc. develops, manufactures and distributes products used to generate, amplify and transmit high-power/high-frequency microwave and radio frequency signals and/or provide power and control for various applications. End-use applications of these systems include the transmission of radar signals for navigation and location; transmission of deception signals for electronic countermeasures; transmission and amplification of voice, data and video signals for broadcasting, Internet and other types of commercial and military communications; providing power and control for medical diagnostic imaging; and generating microwave energy for radiation therapy in the treatment of cancer and for various industrial and scientific applications.
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SOURCE CPI International, Inc.
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