EIP Microwave awarded $1.3 million order from Grumman Aerospace Corp. to provide VXIbus microwave synthesizers and microwave frequency counters for the F-15 Downsized Tester Program.MILPITAS, Calif.--(BUSINESS WIRE)--June 23, 1995--EIP Microwave Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : EIPM EIPM European Institute of Purchasing Management ) has received a $1.3 million order, with scheduled deliveries through March 1996, from Grumman Aerospace Corp., a subsidiary of Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. Corp., for VXIbus broadband microwave synthesizers and Pulse/CW microwave frequency counters for use in the F-15 Downsized Tester Program for the U.S. Air Force. Orders to date for this program from Grumman Aerospace represent approximately $1.8 million of the previously announced potential order volume of $2.2 million. EIP (1) (Enterprise Information Portal) See corporate portal. (2) (Extended Instruction Pointer) The program counter on x86 CPUs. Microwave Inc. manufactures high frequency test and measurement instruments, which are predominantly used in the telecommunications and defense industries. The company has manufacturing facilities in Milpitas. The company's common stock trades on the NASDAQ Small-Cap Market under the symbol "EIPM." CONTACT: EIP Microwave Inc. Bill White, 408/945-1477 |
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