NetworkNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Subsidiary Receives $2M Supplemental Order from U.S. Defense Contractor
Diverse holdings company DPW Holdings (NYSE American: DPW) this morning announced that Microphase Corporation, a division of the company’s Coolisys Technologies, Inc. subsidiary, has secured a $2.0 million addition to its previously announced $2.1 million contract award from a first-tier U.S. government defense contractor. The supplemental order brings the total contract to $4.1 million and lengthens the term of the contract into early 2020. “We believe this significant supplemental order further illustrates our customers’ confidence in our ability to meet their needs. Microphase’s innovative radio frequency (RF), microwave and millimeter-wave technology solutions and products enable our customers to achieve higher…