API Technologies Receives $1.7M Order

API Technologies Corp., a provider of highly engineered products and services to the global defense sector, announces that it has received a, $1.7 million order from Raytheon Space and Airborne Systems (SAS) of El Segundo, CA. API will supply Raytheon SAS with engineering services and assemblies for the radar system incorporated within the Bell-Boeing V-22 Osprey aircraft. The order will be will be designed and manufactured in the Company's Pennsylvania facility.

Steve Pudles, CEO of API Defense USA, said, "We are very pleased that Raytheon has chosen API Technologies as a supplier for this unique product.  Our Company will be working with Raytheon on the design, engineering and manufacturing for these circuit card assemblies. Raytheon's confidence in API further demonstrates our growing capabilities to work with global partners at the cutting-edge of defense technology."