QualityStocksNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Announces Microphase Corp.’s $2.1M Contract with U.S. Defense Contractor
Diversified holding company DPW Holdings, Inc. (NYSE American: DPW) this morning announced that Microphase Corporation, a majority-owned subsidiary of Coolisys Technologies, Inc., a part of DPW Holdings’ diversified portfolio, secured a $2.1 million contract award from a first-tier U.S. government defense contractor to supply its sophisticated communications filters to be used in combat warfare system components. Since October 2015, Microphase has supplied earlier versions of the component to this defense contractor. Shipment of the component is anticipated to begin in late 2018 or early 2019. “We are committed to our customers and believe this significant, multi-year follow-on order illustrates our…