Espey secures $29.5 million Navy contract for submarine panels
12/23/24, 8:56 PM
Location
Money
$29.5 million
Industry
manufacturing
Type
contract
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 Info
Location
saratoga springs, new york, united states
Additional Info
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.