SMT Prospects and Perspectives: AI Opportunities, Challenges, and Possibilities, Part 1
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Global Sourcing Spotlight: Don’t Be Afraid of Global SourcingSypris Lands $4.1M Order for Key Fill Modules
May 6, 2016 | Sypris Electronics LLCEstimated reading time: 1 minute
Sypris Electronics LLC, a subsidiary of Sypris Solutions Inc., and a leading provider of high assurance security solutions, has received a $4.1 million delivery order on a prime indefinite delivery/indefinite quantity contract for the delivery of several thousand key fill modules. The key fill module is the crypto engine for Tier 3 key management devices and is used to support the key loading of well over 100 different End Cryptographic Unit types.
Commenting on the award and the company’s record orders for the first quarter of 2016, John Walsh, President of Sypris Electronics, said, "During the first quarter of 2016, we saw significant year-over-year improvement, with orders increasing to $28.5 million during the quarter from $4.6 million for the prior year period. We are pleased to note that the strength in orders was across the board, including demand for our legacy products, trusted manufacturing, engineering services, and new products, such as the Sypris Cyber Range."
Sypris is a global, integrated security solutions provider serving the Government and Commercial sectors. Sypris is well known for leadership in cryptography, key management, identity authentication and access management, cyber security operations, and associated professional services. Sypris promotes an agile, innovative culture and state-of-the-art solution sets by strategically partnering with leading-edge technology companies, agencies and universities. With 50 years of experience, Sypris is proud to develop, manufacture and integrate leading technologies that secure our global partners’ interests. For more information, visit www.sypriselectronics.com.
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