PALO ALTO, Calif. - May 12, 2014 - The Malibu Division of Communications & Power Industries LLC (CPI) has received orders totaling more than $6 million for advanced antenna products for an international customer. CPI Malibu Division is supplying this customer with single-axis and dual-axis Ku-band ground and airborne data links to support multiple unmanned aerial vehicle (UAV) platforms for a NATO country.
Data link systems transmit data and images from the UAV to the ground-based mission control and transmit command and control data from ground-based warfighters to the UAV. Combining the high-precision auto-tracking capabilities of CPI Malibu Division's ground data terminals with its airborne advanced data link antennas provides warfighters with a quickly and easily deployable solution for greater situational awareness in the field. Advanced data link antennas and ground data terminals are an essential part of UAVs' intelligence, surveillance and reconnaissance (ISR) systems.
"CPI Malibu Division and its international partners have worked together for a number of years, and we have seen firsthand the significant progress that they have made in providing UAV technology. We will continue to support our international customers as they develop and utilize UAV and ISR technologies," said Steve Lonngren, president of CPI Malibu Division. CPI Malibu Division currently provides ground and airborne data terminals for a number of UAV platforms worldwide.
About Communications & Power Industries LLC
Communications & Power Industries LLC, headquartered in Palo Alto, California, is a subsidiary of CPI International Holding Corp. and CPI International, Inc. and a leading provider of microwave, radio frequency, power and control solutions for critical defense, communications, medical, scientific and other applications. Communications & Power Industries LLC develops, manufactures and distributes products used to generate, amplify, transmit and receive 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.
Certain statements included above constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements provide our current expectations, beliefs or forecasts of future events. These statements are not guarantees of future performance. Forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual events or results to differ materially from the results projected, expected or implied by these forward-looking statements. These factors include, but are not limited to, competition in our end markets; our significant amount of debt; changes or reductions in the U.S. defense budget; currency fluctuations; goodwill impairment considerations; customer cancellations of sales contracts; U.S. Government contracts; export restrictions and other laws and regulations; international laws; changes in technology; the impact of unexpected costs; the impact of a general slowdown in the global economy; the impact of environmental laws and regulations; inability to obtain raw materials and components; and the impact of unexpected results of, or issues in connection with, dispositions and acquisitions. These and other risks are described in more detail in our periodic filings with the Securities and Exchange Commission. All future written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect us. We undertake no duty or obligation to (i) publicly revise any forward-looking statement to reflect circumstances or events occurring after the date hereof, (ii) to reflect the occurrence of unanticipated events or changes in our expectations or (iii) to publicly correct or update any forward-looking statement if CPI becomes aware that such statement is not likely to be achieved.
Amanda Mogin, Communications & Power Industries, investor relations, 650.846.3998, email@example.com