AMSC Expands Ship Protection System Offering to Allied Navy with First Contract Win [Yahoo! Finance]
American Superconductor Corporation (AMSC)
Last american superconductor corporation earnings: 2/5 04:05 pm
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US:NASDAQ Investor Relations:
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Source: Yahoo! Finance
AYER, Mass., June 12, 2024 (GLOBE NEWSWIRE) -- AMSC (NASDAQ: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™, and protect and expand the capability of our Navy's fleet, today announced it has entered into a multi-year and multi-unit delivery contract valued at approximately $75 million with Irving Shipbuilding Inc., a Halifax, Canada shipbuilder that has constructed over 80% of Canada's Navy at sea today, for Ship Protection Systems hardware as well as engineering work to support the Royal Canadian Navy. Additionally, the scope of this contract is expected to include integration and commissioning of the system. The first Ship Protection System is expected to be delivered to Irving Shipbuilding Inc. in 2026. Having been designed into the U.S Navy's San Antonio Class amphibious ship platform, AMSC's Ship Protection System is expected to be integrated into the Canadian Surface Combatant Ships (
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AMSC
Earnings
- 5/29/24 - Beat
AMSC
Sec Filings
- 6/20/24 - Form ARS
- 6/20/24 - Form DEFA14A
- 6/20/24 - Form DEF
- AMSC's page on the SEC website